MN SF155

Provides sales tax exemption for building materials, equipment, and cleaning services purchased between May 25, 2020 and December 1, 2022 to repair property damaged during May 24-June 16, 2020 unrest in areas covered by Governor's Executive Order No. 20-64.

Exemption applies only to buildings owned by government entities, nonprofits, or commercial establishments with annual gross income of $[amount not specified] or less, and low-income housing developments.

Tax is collected at standard rate and then refunded to property owners and occupants who paid for repairs or to those contracted to pay on their behalf.

Provides property tax abatements for 2020 on properties damaged at least 25 percent from the unrest: 50 percent abatement for damage less than 50 percent of property value, and 100 percent abatement for damage of 50 percent or more.

Property owners must apply for abatements by September 1, 2020; county auditors certify abatements to commissioner of revenue for reimbursement to taxing jurisdictions with appropriation from general fund in fiscal year 2021.