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MN SF2545

Bill

Status

Introduced

3/6/2023

Primary Sponsor

Tou Xiong

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Materials and supplies used in and equipment incorporated into the construction of a new public works facility in the city of Oakdale are exempt from sales and use tax.
  • Exemption applies to purchases made after August 31, 2023, and before January 1, 2027.
  • Tax is initially imposed and collected, then refunded through the same process used for projects under Minnesota Statutes, section 297A.75, subdivision 1, clause (17).
  • Appropriates funds from the general fund to the commissioner of revenue to pay the refunds.
  • Effective date is September 1, 2023, and applies to all qualifying sales and purchases through December 31, 2026.

Legislative Description

Oakdale refundable exemption provision for construction materials

Last Action

Referred to Taxes

3/6/2023

Committee Referrals

Taxes3/6/2023

Full Bill Text

No bill text available