Purpose of the Bill

This bill aims to modify the tax law by introducing a specific exemption related to sales and use tax for certain golf events in Minnesota.

Main Provisions

• Tax Exemption on Admissions: The bill proposes a tax exemption for admission fees to world championship golf tournaments that are sponsored by the Professional Golfers Association of America (PGA).
• Coverage: Besides the main golf tournament, the exemption also extends to other related events that are sponsored by the PGA.

Significant Changes to Existing Law

• The bill amends Minnesota Statutes 2024, section 297A.68, by adding a new subdivision that details this tax exemption.
• This change means that individuals purchasing tickets for these specific PGA-sponsored events will not have to pay the sales and use tax currently required under existing law.

Relevant Terms

• Tax exemption
• Sales and use tax
• Championship golf tournaments
• Professional Golfers Association of America (PGA)