HF2206 (Legislative Session 94 (2025-2026))
Chanhassen; refundable sales and use tax exemption provided for construction materials for a sports facility.
Related bill: SF344
AI Generated Summary
Purpose of the Bill
The bill aims to provide a financial incentive for the construction or renovation of the Chanhassen Bluffs Sports Complex by offering a tax exemption on specific construction-related purchases.
Main Provisions
- The bill introduces a sales and use tax exemption for materials, supplies, and equipment used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of the Chanhassen Bluffs Sports Complex.
- The exemption applies to items purchased between November 1, 2025, and August 31, 2027.
- Although the tax will still be collected at the point of sale, it will be refunded to the purchaser. The refund process will follow the existing statutory procedures for similar projects.
Significant Changes to Existing Law
- Provides a new specific tax exemption for the Chanhassen Bluffs Sports Complex, which involves a temporary suspension and refund of sales and use taxes for certain construction materials.
Relevant Terms
sales and use tax, tax exemption, refundable exemption, construction materials, Chanhassen Bluffs Sports Complex, tax refund, appropriation, Minnesota Statutes chapter 297A
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 11, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references the sales and use tax rate applied to construction materials under section 297A.62.",
"modified": []
},
"citation": "297A.62"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill modifies refund procedures for construction materials used in specific projects under section 297A.75.",
"modified": []
},
"citation": "297A.75"
}
]