Minnesota SF 2815: Minneapolis local sales and use tax provisions, lawful gambling tax provisions and other stadium-related provisions modification

Bill Text

1.1 A bill for an act​
1.2 relating to taxation; provider taxes; establishing quarterly pharmacy refunds;​
1.3 amending Minnesota Statutes 2024, section 295.54, subdivision 2.​
1.4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.5 Section 1. Minnesota Statutes 2024, section 295.54, subdivision 2, is amended to read:​
1.6 Subd. 2.Pharmacy refund.(a) A pharmacy may claim an annual a quarterly refund​
1.7 against the total amount of tax, if any, the pharmacy owes during that calendar year under​
1.8 section 295.52, subdivision 4. The refund shall equal to the amount paid by the pharmacy​
1.9 to a wholesale drug distributor subject to tax under section 295.52, subdivision 3, for legend​
1.10 drugs delivered by the pharmacy outside of Minnesota, multiplied by the tax percentage​
1.11 specified in section 295.52, subdivision 3. If the amount of the refund exceeds the tax​
1.12 liability of the pharmacy under section 295.52, subdivision 4, the commissioner shall provide​
1.13 the pharmacy with a refund equal to the excess amount.​
1.14 (b) Each qualifying pharmacy must apply for the refund on the annual quarterly return​
1.15 as prescribed by the commissioner, on or before March 15 of the year following the calendar​
1.16 year the legend drugs were delivered outside Minnesota. as required under the following​
1.17 schedule:​
1.18 (1) for legend drugs delivered by the pharmacy outside of Minnesota between January​
1.19 1 and March 31, a pharmacy may file its refund request on or after July 1 of the calendar​
1.20 year in which the legend drugs are delivered by the pharmacy outside of Minnesota;​
1​Section 1.​
25-03944 as introduced​02/17/25 REVISOR EAP/KR​
SENATE​
STATE OF MINNESOTA​
S.F. No. 2815​NINETY-FOURTH SESSION​
(SENATE AUTHORS: WEBER, Carlson, Klein and Utke)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​931​03/20/2025​
Referred to Health and Human Services​
Comm report: To pass and re-referred to Taxes​1424​04/07/2025​
See First Special Session, HF9​

2.1 (2) for legend drugs delivered by the pharmacy outside of Minnesota between April 1​
2.2 and June 30, a pharmacy may file its refund request on or after July 1 of the calendar year​
2.3 in which the legend drugs are delivered by the pharmacy outside of Minnesota;​
2.4 (3) for legend drugs delivered by the pharmacy outside of Minnesota between July 1​
2.5 and September 30, a pharmacy may file its refund request on or after October 1 of the​
2.6 calendar year in which the legend drugs are delivered by the pharmacy outside of Minnesota;​
2.7 and​
2.8 (4) for legend drugs delivered by the pharmacy outside of Minnesota between October​
2.9 1 and December 31, a pharmacy may file its refund request on or after January 1 of the​
2.10 calendar year immediately following the calendar year in which the legend drugs are​
2.11 delivered by the pharmacy outside of Minnesota.​
2.12 The refund shall not be (c) No refund is allowed if the initial claim for refund is filed​
2.13 more than one year after the original due date of the return end of the quarter in which the​
2.14 legend drugs were delivered by the pharmacy outside of Minnesota. Interest on refunds paid​
2.15 under this subdivision will begin begins to accrue 60 days after the date a claim for refund​
2.16 is filed. For purposes of this subdivision, the date a claim is filed is the due date of the return​
2.17 if a return is due or the date of the actual claim for refund, whichever is later.​
2.18 EFFECTIVE DATE.This section is effective for legend drugs delivered outside of​
2.19 Minnesota after December 31, 2025.​
2​Section 1.​
25-03944 as introduced​02/17/25 REVISOR EAP/KR​