MN SF4385

Amends Minnesota Statutes 297A.71, subdivision 52, to add a sales and use tax exemption for materials and equipment used in demolition and replacement of Fire Station No. 2 and renovation and expansion of Fire Station No. 3 in Plymouth, with purchases allowed between January 1, 2021, and March 31, 2023.

Exemption applies to materials, supplies, and equipment incorporated into construction, reconstruction, upgrade, expansion, or remodeling of specified local government facilities.

Tax is imposed and collected at the standard rate under section 297A.62, subdivision 1, then refunded according to procedures in section 297A.75.

The Minnetonka fire and police station project listed in the exemption has a maximum refund cap of $850,000.

Effective date is the day following final enactment.