Excise tax on certain social media platform businesses established.
HF3117 would impose an excise tax on Minnesota-established social media platform businesses to raise state revenue; base, rate, and exemptions remain undefined.
HF3117 would impose an excise tax on Minnesota-established social media platform businesses to raise state revenue; base, rate, and exemptions remain undefined.
HF 3117 is a Minnesota House bill titled “Excise tax on certain social media platform businesses established.” The bill proposes the creation of an excise tax directed at specific social media platform businesses established in Minnesota. The available materials do not include the bill’s precise tax base, rate, exemptions, or administration details.
Note: This summary reflects only the information provided in the bill’s introduction and listed legislative actions. The full text is needed to detail the substantive provisions and fiscal impact.
Compiled from official sources — confirm details with the bill’s official record.
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