This bill amends Minnesota Statutes 2024, section 297A.68, by adding a new subdivision that establishes a sales and use tax exemption for food service establishment equipment. The exemption applies to equipment purchased or leased by food service establishments, such as restaurants and catering services, that is used in the production of prepared food or the furnishing of beverages until they are ready for delivery or service to customers. The bill defines key terms related to food service establishments and the equipment that qualifies for the exemption, including specific examples of included and excluded items.

The new legal language specifies that the exemption will be effective for sales and purchases made after June 30, 2025. This initiative aims to support food service businesses by reducing their tax burden on essential equipment, thereby potentially encouraging growth and investment in the food service industry within the state.

Statutes affected:
Introduction: 297A.68