HF1479

HF1479 (Legislative Session 94 (2025-2026))

Provider taxes; quarterly pharmacy refunds established.

Related bill: SF2815

AI Generated Summary

This bill amends Minnesota Statutes 2024, section 295.54, subdivision 2, to change the pharmacy refund process related to provider taxes. It allows pharmacies to claim refunds on a quarterly basis instead of annually for taxes paid on legend drugs delivered outside of Minnesota.

Key provisions include: - Pharmacies can apply for a refund four times per year based on a schedule tied to when the drugs were delivered outside the state. - If the refund exceeds the pharmacy's tax liability, the Minnesota Department of Revenue will issue a payment for the excess. - Refund claims must be submitted within one year after the end of the quarter in which the drugs were delivered. - Interest on refunds begins accruing 60 days after a claim is filed.

This change aims to increase the frequency of pharmacy refunds and provide more timely financial relief.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 23, 2025	House	Floor	Action	Introduction and first reading, referred to	Taxes
February 23, 2025	House	Floor	Action	Introduction and first reading, referred to	Taxes
February 23, 2025	House	Floor	Action	Introduction and first reading, referred to	Taxes
March 16, 2025	House	Floor	Action	Author added
March 16, 2025	House	Floor	Action	Author added
April 02, 2025	House	Floor	Action	Author added
April 02, 2025	House	Floor	Action	Author added

Citations

[
  {
    "analysis": {
      "added": [
        "Establishes quarterly refunds for pharmacies instead of annual."
      ],
      "removed": [],
      "summary": "The bill modifies pharmacy refund procedures under section 295.54, subdivision 2.",
      "modified": [
        "Changes the timeframe for filing refund claims to quarterly deadlines."
      ]
    },
    "citation": "295.54",
    "subdivision": "subdivision 2"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Referenced as part of the changes to pharmacy refunds and tax liability.",
      "modified": []
    },
    "citation": "295.52",
    "subdivision": "subdivision 4"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Referenced to determine the tax percentage for pharmacy refunds.",
      "modified": []
    },
    "citation": "295.52",
    "subdivision": "subdivision 3"
  }
]