MN SF3392

Provides a refundable sales and use tax exemption for materials, supplies, and equipment used in construction, renovation, and upgrade projects at Canby Independent School District No. 891 elementary and high schools for purchases made after December 31, 2023, and before January 1, 2026.

Covered projects include a new gymnasium, career technical education space, HVAC upgrades, eight-lane track, athletic field improvements, stadium renovations, secure entrance upgrades, locker room renovations, classroom renovations, site drainage, and associated renovations.

Requires tax to be imposed and collected at the standard rate, then refunded through the same process used for similar school projects under Minnesota Statutes section 297A.75.

Appropriates necessary funds from the general fund to the commissioner of revenue to pay refunds to eligible purchasers.

Also provides an identical refundable tax exemption for Tracy Area Independent School District No. 2904 for purchases made after December 31, 2022, and before January 1, 2025, covering Tracy Elementary, Tracy High School, and Tracy Kids World facilities.