MN SF2854

Creates a sales tax exemption for materials, supplies, and equipment used in constructing or improving research and development campuses, customer experience centers, and related on-site facilities

Qualifying projects must have laboratory space of at least 250,000 square feet and total construction costs of at least $200,000,000 within a 32-month period

Exemption operates as a refund mechanism where sales tax is initially collected at the standard rate, then refunded to the building owner or developer upon application

Effective for sales and purchases made after June 30, 2025, with the exemption provision expiring March 1, 2028