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Section 620

Citation
Section 620
Parent Document
State v. Larson, 605 N.W.2d 706 (2000)
Jurisdiction
Minnesota (state)
Effective Date
2000-02-03

Other Sections in This Document (127)

Full Text

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The Tax Reform and Relief Act of 1967, Ex.Sess.L.1967, c. 32, by which the Minnesota sales tax was enacted, was adopted over the governor’s veto on June 1, 1967. * * * One of the obvious purposes of deferring the effective date was to prevent retroactive application of the tax to contracts already consummated and to permit contractors to anticipate the tax in figuring the amount of their bids. The adoption of the act was attended by extraordinary news coverage. It not only had great impact on the business world but stimulated unusual public concern because it held out promise of property tax relief. The governor’s threat of veto, which ultimately occurred, was given much publicity. Brandt Electric, Inc. v. Commissioner of Taxation, 296 Minn. 128, 129, 207 N.W.2d 293, 294 (1973).