This bill amends Minnesota Statutes to clarify the taxation of transfers of prewritten computer software and modifies the exemption for qualified data centers. Specifically, it includes new language that defines the sale and purchase of prewritten computer software to encompass charges for access and use rights, regardless of whether the software is maintained by the seller or a third party. The bill also specifies that the effective date for these changes will apply to sales and purchases made after June 30, 2023.

Additionally, the bill revises the exemption criteria for qualified data centers by removing references to computer software in the exemption for enterprise information technology equipment. It establishes that electricity used in the operation of qualified data centers is exempt and outlines the requirements for what constitutes a qualified data center. The effective date for these provisions is also set for sales and purchases made after June 30, 2023. Overall, the bill aims to enhance clarity in taxation related to software and data centers while promoting investment in these sectors.

Statutes affected:
Introduction: 297A.61, 297A.68