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MN SF4614

Bill

Status

Introduced

3/7/2024

Primary Sponsor

Alice Mann

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Materials and supplies used in construction, reconstruction, upgrade, expansion, renovation, or remodeling of Fred Richards Park and Braemar Park in Edina are exempt from sales and use tax for purchases made after December 31, 2023, and before January 1, 2030

  • 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)

  • Refunds for eligible purchases cannot be issued until after June 30, 2024

  • General fund appropriation is provided to the commissioner of revenue to pay the required refunds

  • The exemption is effective retroactively for sales and purchases made after December 31, 2023, and before January 1, 2030

Legislative Description

City of Edina construction materials refundable sales and use tax exemption provision and appropriation

Last Action

Referred to Taxes

3/7/2024

Committee Referrals

Taxes3/7/2024

Full Bill Text

No bill text available