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MN SF473

Bill

Status

Introduced

1/19/2023

Primary Sponsor

Nicole Mitchell

Click for details

Origin

Senate

93rd Legislature 2023-2024

AI Summary

  • Exempts materials, supplies, and equipment used in construction, reconstruction, upgrade, expansion, renovation, or remodeling of the Central Park project in Woodbury from sales and use tax under Minnesota Statutes, chapter 297A

  • Applies to purchases made after June 30, 2023, and before January 1, 2026

  • Tax is collected at the standard rate under Minnesota Statutes, section 297A.62, subdivision 1, then refunded using the same process as projects under Minnesota Statutes, section 297A.75, subdivision 1, clause (17)

  • Appropriates necessary funds from the general fund to the commissioner of revenue to pay the refunds

  • Effective the day following final enactment

Legislative Description

Woodbury Central Park project building materials refundable construction sales and use tax exemption authorization and appropriation

Last Action

Referred to Taxes

1/19/2023

Committee Referrals

Taxes1/19/2023

Full Bill Text

No bill text available