MN SF3999

Exempts building materials, supplies, and equipment used to construct or replace real property damaged by a fire on March 11, 2018, in Mazeppa from sales tax, with the exemption applying retroactively through January 1, 2021.

Includes durable restaurant equipment for food storage, preparation, and serving as "capital equipment" eligible for the exemption.

Tax is collected at the standard rate and then refunded per existing refund procedures.

Authorizes Mazeppa to establish tax increment financing districts for fire-damaged areas with reduced property valuations, with authority expiring July 1, 2020.

Appropriates unspecified amounts in fiscal year 2019 from the general fund to the city of Mazeppa and Wabasha County for property tax abatements and disaster recovery costs, with payment due by July 20, 2018.