Purpose of the Bill

The purpose of this bill is to amend Minnesota's taxation laws to provide a sales and use tax exemption for tickets and admissions to intercollegiate sports events.

Main Provisions

• Tax Exemption: The bill proposes that tickets and admissions to sports games and events organized by public institutions of higher education in Minnesota be exempt from sales and use tax.
• Eligibility: The exemption applies specifically to intercollegiate sports, which are defined as sports played at the collegiate level with student-athlete eligibility determined by a recognized national collegiate athletics association.
• Coverage: The institutions that qualify for this exemption include state universities, state community colleges, state technical colleges, and the University of Minnesota.

Significant Changes to Existing Law

• The bill introduces a new subdivision to Minnesota Statutes 2024 section 297A.70, thereby altering the existing law by adding a tax exemption clause for specific event tickets.

Relevant Terms

• Tax exemption
• Sales and use tax
• Intercollegiate sports
• Public institutions of higher education
• Minnesota Statutes section 297A.70