MN SF3395

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

Tax must initially be collected at the standard rate, then refunded to the applicant through the existing refund process outlined in Minnesota Statutes section 297A.75.

Adds this exemption category to the list of items eligible for tax refunds, requiring the governmental entity that owns or contracts for the facility to apply for the refund.

Requires contractors, subcontractors, or builders to furnish refund applicants with statements documenting the cost of exempt items and taxes paid unless otherwise provided by statute.

Amends Minnesota Statutes sections 297A.71 and 297A.75 to implement the exemption and refund procedures.