MN SF2403

Materials, supplies, and equipment used in construction, reconstruction, repair, maintenance, or improvement of public infrastructure at Minneapolis-St. Paul International Airport are exempt from Minnesota sales and use tax when purchased by contractors or subcontractors.

The exemption applies to purchases made after June 30, 2023, and before January 1, 2028.

Sales tax must be imposed and collected initially, then refunded to purchasers following the same process used for projects under Minnesota Statutes section 297A.75, subdivision 1, clause (17).

General fund appropriation is made to the Commissioner of Revenue to pay required refunds under the exemption.

The bill is effective July 1, 2023, and applies to all qualifying sales and purchases through December 31, 2027.