Purpose of the Bill

The purpose of this legislative bill is to amend the Minnesota tax code to provide a specific sales and use tax exemption. This exemption applies to the sale of tickets granting admission to certain professional golf events.

Main Provisions

• The bill introduces a new provision to the Minnesota Statutes, specifically targeting sales and use taxation.
• It establishes an exemption from sales tax for tickets granting the privilege of admission to world championship golf tournaments. These events must be sponsored by the Professional Golfers Association (PGA) of America to qualify for the exemption.
• The exemption is not limited solely to the tournaments themselves but also includes related events sponsored by the PGA.

Significant Changes to Existing Law

• The bill amends section 297A.68 of the Minnesota Statutes by adding a new subdivision specifically providing this tax exemption.
• This change effectively reduces the cost of attending these specific PGA-sponsored golf events, as sales taxes will not be applied to admission fees.

Relevant Terms

• Tax exemption
• Sales and use tax
• Professional Golfers Association of America (PGA)
• World championship golf tournaments
• Admission fees