Source: https://www.revisor.mn.gov/statutes/2017/cite/297F.25
Timestamp: 2020-02-21 20:03:39
Document Index: 639380732

Matched Legal Cases: ['art 5', 'art 6', 'art 14', 'art 6', 'art 6', 'art 14', 'art 6', 'art 5']

﻿ Sec. 297F.25 MN Statutes
Section 297F.25
2013 Subd. 1 Amended 2013 c 143 art 5 s 17
2010 Subd. 1 Amended 2010 c 389 art 6 s 8
2008 Subd. 3a New 2008 c 154 art 14 s 9
2005 297F.25 New 2005 c 3 art 6 s 15
(a) A tax is imposed on distributors on the sale of cigarettes by a cigarette distributor to a retailer or cigarette subjobber for resale in this state. The tax is equal to the combined tax rate under section 297A.62, multiplied by the weighted average retail price and must be expressed in cents per pack rounded to the nearest one-tenth of a cent. The weighted average retail price must be determined annually, with new rates published by November 1, and effective for sales on or after January 1 of the following year. The weighted average retail price must be established by surveying cigarette retailers statewide in a manner and time determined by the commissioner. The commissioner shall make an inflation adjustment in accordance with the Consumer Price Index for all urban consumers inflation indicator as published in the most recent state budget forecast. The commissioner shall use the inflation factor for the calendar year in which the new tax rate takes effect. If the survey indicates that the average retail price of cigarettes has not increased relative to the average retail price in the previous year's survey, then the commissioner shall not make an inflation adjustment. The determination of the commissioner pursuant to this subdivision is not a "rule" and is not subject to the Administrative Procedure Act contained in chapter 14. For packs of cigarettes with other than 20 cigarettes, the tax must be adjusted proportionally.
1Sp2005 c 3 art 6 s 15; 2008 c 154 art 14 s 9; 2010 c 389 art 6 s 8; 2013 c 143 art 5 s 17