Yesterday, a top Hospitality Minnesota priority – to repeal the restaurant equipment sales tax – received a hearing in the Senate Taxes Committee. Hospitality Minnesota members Amy Britton (D’Amico Catering) and Luke Derheim (Craft and Crew Hospitality) testified in support of the bill. The bill was well received, with all 5 Senate authors sitting on the Taxes committee. Senator Rest did offer an amendment, that clarifies what equipment is eligible and moves the date of implementation to July 1, 2023 to align with the upcoming budget years. Read the full amendment below. The bill was laid over for possible inclusion in the omnibus bill.
Senator Rest, Chief Author of the bill and chair of the committee, indicated the revenue analysis trended a little higher than anticipated. [Does this mean that it was returning more revenue to the state than anticipated?] Hospitality Minnesota will continue to work with Chair Rest and House Chair Gomez on including this priority in their final bills later this legislative session.
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