Laserfiche WebLink
HF100 NINTH ENGROSSMENT REVISOR BD 1­10100-9 <br />146.1 Sec. 4. Minnesota Statutes 2022, section 275.025, subdivision 2, is amended to read: <br />146.2 Subd. 2. Commercial -industrial tax capacity. For the purposes of this section, <br />146.3 "commercial -industrial tax capacity" means the tax capacity of all taxable property classified <br />146.4 as class 3 or class 5 (1) under section 273.13, excluding: <br />146.5 (1) the tax capacity attributable to the first $150,000 of market value of each parcel of <br />146.6 commercial -industrial property as defined under section 273.13, subdivision 24, clauses (1) <br />146.7 and, (2), and 4 ; <br />146.8 (2) electric generation attached machinery under class 3; and <br />146.9 (3) property described in section 473.625. <br />146.10 County commercial -industrial tax capacity amounts are not adjusted for the captured <br />146.11 net tax capacity of a tax increment financing district under section 469.177, subdivision 2, <br />146.12 the net tax capacity of transmission lines deducted from a local government's total net tax <br />146.13 capacity under section 273.425, or fiscal disparities contribution and distribution net tax <br />146.14 capacities under chapter 276A or 473F. For purposes of this subdivision, the procedures <br />146.15 for determining eligibility for tier 1 under section 273.13, subdivision 24, clauses (1) and <br />146.16 (2), shall apply in determining the portion of a property eligible to be considered within the <br />146.17 first $150,000 of market value. <br />146.18 EFFECTIVE DATE. This section is effective beginning with assessment year 2024 <br />146.19 and thereafter. <br />146.20 Sec. 5. [289A.33] FILING REQUIREMENTS AND DUE DATES; SPECIAL RULES. <br />146.21 (a) Upon the request of any cannabis business as defined by section 342.01, subdivision <br />146.22 13, required to collect and remit taxes imposed under section 295.81, chapter 290, or chapter <br />146.23 297A, the commissioner shall waive the requirement that payment of tax must be made <br />146.24 electronically if the failure to pay electronically is because the cannabis business is unable <br />146.25 to secure banking services and the inability to secure the services is due to its engagement <br />146.26 in cannabis -related business allowed under Minnesota law. <br />146.27 (b) If, in consultation with the commissioner of commerce, the commissioner determines <br />146.28 the inability to find banking services is widespread and enforcement of the electronic payment <br />146.29 requirement will significantly impede the ability of cannabis businesses to timely pay taxes <br />146.30 imposed under section 295.81, chapter 290, or chapter 297A, the commissioner may publish <br />146.31 notice on the department website that waives the requirement to pay the tax electronically. <br />146.32 If such notice is published, a cannabis business must file returns and pay taxes lawfully due <br />146.33 in the form and manner prescribed by the commissioner. <br />Article 2 Sec. 5. 146 <br />