Vendor allowance provision

SF 2609 modifies Minnesota's sales tax payment schedule for large retailers. It requires vendors with $250,000 or more in annual sales tax liability to pay 84.5% of their estimated June tax liability by June 30 each year (starting in 2022), with the remaining balance due by August 20. This bill directly affects large retailers, including construction material sellers (if 50%+ of sales are construction materials), by changing their payment timing. The bill references but does not alter the existing "vendor allowance" provision (allowing retailers to retain a portion of collected tax for collection costs), which remains unchanged under section 297A.816. The changes take effect for sales after June 30, 2025.