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CCP 02-27-1995
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CCP 02-27-1995
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<br /> -- <br /> I' <br /> , <br /> , I <br /> Governor's Initiative Bill el <br /> Article 1 <br /> Sections 1, 2, S. Repeals provision allowing for a refund of contributions to political I <br /> parties and candidates, <br /> Section 3. Reinstates the old 10% income tax credits available for the purchase of feedlot I <br /> pollution control or conservation tillage equipment. The credit is the same as the credits <br /> which were available to Minnesota farmers from 1977 through 1984 except the new <br /> credits are refundable if the taxpayer's credit exceed their tax, Also the maximum credit I <br /> allowed is $500, <br /> Section 4. This section would make the sales tax exemption, for purchases of used farm I <br /> machinery, permanent. The exemption as enacted only applied to purchases made <br /> between June30, 1994, and July 1,1995, I <br /> Section 6. Effective Dates, <br /> I <br /> el <br /> I <br /> I <br /> I <br /> I <br /> I <br /> I, <br /> I <br /> -I <br /> I <br />
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