MN SF3348

Reinstates sales tax exemption for certain local government entities by repealing Laws 2015, First Special Session chapter 3, article 6, section 7, retroactively for sales and purchases made after December 31, 2015.

Establishes temporary refund mechanism allowing purchasers and vendors to apply to the commissioner of revenue for refunds of sales taxes paid on items that were subject to the repealed tax.

Limits refund applications to one per purchaser or vendor for the entire period and requires applications on forms prescribed by the commissioner of revenue.

Provides interest on refunds at the rate specified in Minnesota Statutes section 270C.405, accruing 90 days after the refund claim is filed.

Appropriates money annually to the commissioner of revenue to make refunds and applies existing refund claim limitations from Minnesota Statutes section 289A.40.