Minnesota HF726 imposes a tax on PFAS products, establishes a cleanup account, and creates an advisory commission.

Minnesota HF726 introduces a gross revenues tax on entities manufacturing and selling products containing PFAS. The tax applies to manufacturers and retailers with nexus in Minnesota. Revenues from the tax are deposited into a special cleanup account for environmental cleanup. The XX Advisory Commission is established to recommend how to use the funds in the cleanup account. The commission consists of appointed members from the House and Senate, and the Pollution Control Agency. The commission must submit annual reports to the State Board of Investment.

Minnesota HF726 imposes a tax on PFAS products, establishes a cleanup account, and creates an advisory commission.

Minnesota HF726 introduces a gross revenues tax on entities manufacturing and selling products containing PFAS. The tax applies to manufacturers and retailers with nexus in Minnesota. Revenues from the tax are deposited into a special cleanup account for environmental cleanup. The XX Advisory Commission is established to recommend how to use the funds in the cleanup account. The commission consists of appointed members from the House and Senate, and the Pollution Control Agency. The commission must submit annual reports to the State Board of Investment.