2004 Minnesota Statutes

     469.315 Tax incentives available in zones. 

    Qualified businesses that operate in a job opportunity 
 building zone, individuals who invest in a qualified business 
 that operates in a job opportunity building zone, and property 
 located in a job opportunity building zone qualify for: 

    (1) exemption from individual income taxes as provided 
 under section 469.316; 

    (2) exemption from corporate franchise taxes as provided 
 under section 469.317; 

    (3) exemption from the state sales and use tax and any 
 local sales and use taxes on qualifying purchases as provided in 
 section 297A.68, subdivision 37; 

    (4) exemption from the state sales tax on motor vehicles 
 and any local sales tax on motor vehicles as provided under 
 section 297B.03; 

    (5) exemption from the property tax as provided in section 
 272.02, subdivision 64; 

    (6) exemption from the wind energy production tax under 
 section 272.029, subdivision 7; and 

    (7) the jobs credit allowed under section 469.318. 

    HIST: 1Sp2003 c 21 art 1 s 20