MN HF3818

Exempts materials, supplies, and equipment used in construction, expansion, and improvement of a wastewater treatment facility in Princeton from sales and use tax, effective June 30, 2010.

Requires tax to be imposed and collected at the standard rate under section 297A.62, then refunded to the applicant through the process established in section 297A.75.

Adds 15 new items to the list of exempt materials and supplies subject to tax collection and refund, including capital equipment, agricultural processing materials, and electrical equipment for various facilities.

Limits total refunds for purchases under section 297A.71, subdivision 40, to $5,000,000 in fiscal years 2010 and 2011, with applications not accepted until after June 30, 2009.

Specifies eligible refund applicants by project type, including purchasers, governmental subdivisions, homeowners, utility operators, business owners, and governmental entities that own or contract for projects or facilities.