Minnesota HF1479 establishes quarterly refunds for pharmacies delivering legend drugs outside Minnesota.

Minnesota HF1479 amends the state's tax laws to establish quarterly refunds for pharmacies delivering legend drugs outside Minnesota. Pharmacies can claim refunds for taxes paid on legend drugs delivered outside the state, with specific filing dates for each quarter. The refund amount is calculated based on the tax paid to a wholesale drug distributor and the applicable tax percentage. The bill specifies that interest on refunds begins to accrue 60 days after the refund claim is filed. This change takes effect for legend drugs delivered outside Minnesota after December 31, 2025.

Minnesota HF1479 establishes quarterly refunds for pharmacies delivering legend drugs outside Minnesota.

Minnesota HF1479 amends the state's tax laws to establish quarterly refunds for pharmacies delivering legend drugs outside Minnesota. Pharmacies can claim refunds for taxes paid on legend drugs delivered outside the state, with specific filing dates for each quarter. The refund amount is calculated based on the tax paid to a wholesale drug distributor and the applicable tax percentage. The bill specifies that interest on refunds begins to accrue 60 days after the refund claim is filed. This change takes effect for legend drugs delivered outside Minnesota after December 31, 2025.