The bill amends Minnesota Statutes 2024, section 297A.69, subdivision 4, to expand the list of exemptions from sales and use tax for certain agricultural-related items. Specifically, it adds fencing and related materials and supplies used in the construction, improvement, repair, or replacement of fencing that is directly and principally used in agricultural production. Additionally, the bill includes aquaculture production equipment as an exempt item.

The effective date for these changes is set for sales and purchases made after June 30, 2025. The bill aims to support agricultural producers by reducing their tax burden on essential equipment and materials necessary for their operations.

Statutes affected:
Introduction: 297A.69