HF156 (Legislative Session 94 (2025-2026))
Olmsted County; refundable sales and use tax exemption provided for construction materials for a regional exhibition center.
Related bill: SF782
AI Generated Summary
This bill, proposed by representatives Anderson P. E. and Davids in Minnesota, aims to support construction projects at a regional exhibition center in Graham Park, Olmsted County. It offers a tax exemption for materials, supplies, and equipment used in building or renovating the center. The exemption applies to purchases made between January 1, 2025, and December 31, 2027. The taxes initially paid on these items will be collected and then refunded according to specific state laws. Funds needed to cover these refunds will come from the state's general fund.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 09, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "The bill provides an exemption from sales and use tax, which would normally be imposed under section 297A.62, for certain construction materials in Olmsted County.",
"modified": [
"Clarifies that although the exemption applies, the tax is still imposed as if the rates in 297A.62 subdivision 1 and 1a applied, then refunded."
]
},
"citation": "297A.62"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill involves a tax refund process associated with construction materials in Olmsted County, using the procedure outlined in section 297A.75.",
"modified": [
"Specifies the use of the refund process described in 297A.75, subdivision 1, clause 17, for the exemptions."
]
},
"citation": "297A.75"
}
]