Minnesota SF4880: July 2026 temporary sales tax holiday provision

What the bill says

A bill for an act relating to taxation; sales and use; providing a temporary sales tax holiday in July 2026. new text begin [ADDED: (a) In honor of the 250th anniversary of the United States, the retail sale of tangible personal property is exempt from the tax imposed under Minnesota Statutes, chapter 297A, during the period from 12:01 a.m. on July 1, 2026, through 11:59 p.m. on July 31, 2026.] new text end new text begin [ADDED: (b) For the purposes of this section, "tangible personal property" has the meaning given in Minnesota Statutes, section 297A.61, subdivision 10. Tangible personal pro.

From the introduced text, March 25, 2026:

A bill for an act relating to taxation; sales and use; providing a temporary sales tax holiday in July 2026. new text begin [ADDED: (a) In honor of the 250th anniversary of the United States, the retail sale of tangible personal property is exempt from the tax imposed under Minnesota Statutes, chapter 297A, during the period from 12:01 a.m. on July 1, 2026, through 11:59 p.m. on July 31, 2026.] new text end new text begin [ADDED: (b) For the purposes of this section, "tangible personal property" has the meaning given in Minnesota Statutes, section 297A.61, subdivision 10. Tangible personal property does not include alcohol, taxable cannabis products, or motor vehicles.] new text end new text begin [ADDED: EFFECTIVE DATE.] new text end new text begin [ADDED: This section is effective the day following final enactment.] new text end

Read the full official text

Sponsors

• Torrey Westrom (R) · primary sponsor
• Michael W. Holmstrom (R, 29)
• Eric Pratt (R)

Latest actions

1. March 26, 2026: Referred to Taxes