SF 4449 Summary

• Exempts building materials, supplies, and equipment used for construction or replacement of real property affected by the March 22, 2020 fire on the 2400 block of Central Avenue NE in Minneapolis, with exemption period from March 21, 2020 through March 26, 2023.

• Exempts building cleaning and disinfecting services related to smoke damage mitigation in buildings impacted by the March 22, 2020 Minneapolis fire, with exemption period from March 21, 2020 through January 1, 2021.

• Includes durable equipment used in restaurants for food storage, preparation, and serving as qualifying capital equipment under the exemption.

• Appropriates funds from the general fund to the commissioner of public safety for grants to remediate fire effects, available until June 30, 2022, for disaster recovery, infrastructure, emergency personnel costs, equipment costs, and property tax abatement reimbursements.

• Tax on exempt items is collected as if taxable and then refunded; all provisions are effective retroactively to March 21, 2020, and the subdivision expires April 1, 2023.