HF1227

HF1227 (Legislative Session 94 (2025-2026))

Lakeville; refundable sales and use tax exemption provided for construction materials.

Related bill: SF1868

AI Generated Summary

This bill proposes a refundable sales and use tax exemption for construction materials, supplies, and equipment used in building a new public safety training facility in Lakeville, Minnesota. The exemption applies to purchases made between March 1, 2025, and August 31, 2026. Initially, the sales tax will be collected as usual, but eligible purchasers can apply for a refund after June 30, 2025. The bill also includes an appropriation from the general fund to the commissioner of revenue to cover the refunds.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 19, 2025	House	Floor	Action	Introduction and first reading, referred to	Taxes

Citations

[
  {
    "analysis": {
      "added": [
        "A new refundable exemption for construction materials."
      ],
      "removed": [],
      "summary": "The bill provides a sales tax exemption for construction materials under Minnesota Statutes chapter 297A for certain projects in Lakeville.",
      "modified": []
    },
    "citation": "297A"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "References the imposition and collection of tax at rates set by Minnesota Statutes section 297A.62 subdivisions 1 and 1a.",
      "modified": []
    },
    "citation": "297A.62"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The refund process for this exemption is aligned with existing procedures under Minnesota Statutes section 297A.75 subdivision 1 clause 17.",
      "modified": [
        "Provides a timeline for refund eligibility and issuance."
      ]
    },
    "citation": "297A.75"
  }
]