HF1760 (Legislative Session 94 (2025-2026))
Sales and use tax exemption provided for certain electric meters and software used in the Rochester Public Utilities Advanced Metering Infrastructure Project.
Related bill: SF2049
AI Generated Summary
This Minnesota House bill (H.F. No. 1760) proposes a sales and use tax exemption for electric meters, software, and other components used in the Rochester Public Utilities (RPU) Advanced Metering Infrastructure Project.
Key provisions include: - Exempting these purchases from sales and use tax if acquired between July 1, 2024, and March 31, 2029. - Initially imposing and collecting tax at the standard rate before refunding it in accordance with Minnesota Statutes section 297A.75, subdivision 1, clause 17. - Appropriating the necessary funds from the general fund to the commissioner of revenue to cover these refunds.
The bill aims to support the implementation of advanced metering infrastructure in Rochester by reducing tax costs on necessary equipment and software.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 02, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"Specifies that the tax rates under this section apply to the exemption refund process."
],
"removed": [],
"summary": "This bill refers to tax rates applicable under Minnesota Statutes section 297A.62 for the Rochester Public Utilities project.",
"modified": []
},
"citation": "297A.62"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references the refund process outlined in section 297A.75 for handling refunds related to the exemption.",
"modified": [
"Clarifies that the refund is conducted in the manner as outlined in section 297A.75, subdivision 1, clause 17."
]
},
"citation": "297A.75"
}
]