MN SF3422

Materials and supplies used in construction, reconstruction, upgrade, expansion, renovation, or remodeling of a materials recovery facility in Olmsted County are exempt from sales and use tax for purchases made after December 31, 2023, and before January 1, 2028

Sales and use tax must be imposed and collected at the standard rate, then refunded in the same manner as projects under Minnesota Statutes, section 297A.75, subdivision 1, clause (17)

The amount required to pay refunds is appropriated from the general fund to the commissioner of revenue

The provision is effective retroactively for sales and purchases made after December 31, 2023, and before January 1, 2028