Minnesota HF1681 increases the debt limit for the State Agricultural Society and exempts certain construction materials from sales tax.

Minnesota HF1681 amends the state statutes to increase the maximum amount of outstanding debt allowed for the State Agricultural Society from $30 million to $50 million. Additionally, the bill provides a sales tax exemption for certain construction materials used in events held by the State Agricultural Society during the state fair. This exemption does not apply to sales for events held outside the regularly scheduled state fair or events not held on the State Fairgrounds. The changes are effective July 1, 2025.

Minnesota HF1681 increases the debt limit for the State Agricultural Society and exempts certain construction materials from sales tax.

Minnesota HF1681 amends the state statutes to increase the maximum amount of outstanding debt allowed for the State Agricultural Society from $30 million to $50 million. Additionally, the bill provides a sales tax exemption for certain construction materials used in events held by the State Agricultural Society during the state fair. This exemption does not apply to sales for events held outside the regularly scheduled state fair or events not held on the State Fairgrounds. The changes are effective July 1, 2025.