Minnesota SF2849 modifies the exemption for agriculture processing materials.

Minnesota SF2849 amends the exemption for agriculture processing materials by modifying the definition of "agriculture processing facility" and specifying that facilities with a total capital investment exceeding $100 million are exempt. The bill also details the tax imposition and refund process for these materials, effective for sales and purchases made after June 30, 2025.

Minnesota SF2849 modifies the exemption for agriculture processing materials.

Minnesota SF2849 amends the exemption for agriculture processing materials by modifying the definition of "agriculture processing facility" and specifying that facilities with a total capital investment exceeding $100 million are exempt. The bill also details the tax imposition and refund process for these materials, effective for sales and purchases made after June 30, 2025.