HF349 (Legislative Session 94 (2025-2026))
Rochester; refundable sales and use tax exemption provided for construction materials for a water reclamation plant.
Related bill: SF10
AI Generated Summary
House File No. 349 is a proposed law in Minnesota that aims to provide tax relief for specific construction materials used in the building and improvement of a water reclamation plant in Rochester. Under this bill, purchases of such materials, supplies, and equipment made between September 1, 2024, and May 31, 2026, will be exempt from the state’s sales and use tax. The taxes will initially be collected in the usual way but will then be refunded to the purchasers. The funds needed to cover these tax refunds will come from the state’s general fund and be managed by the commissioner of revenue.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 12, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references the application of the sales and use tax rate as defined in section 297A.62.",
"modified": [
"Specifies the refund process for taxes collected at the rate determined by section 297A.62."
]
},
"citation": "297A.62"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill outlines the refund process for the sales tax exemption under section 297A.75.",
"modified": [
"Aligns the refund process for the sales tax exemption to follow the method described in section 297A.75."
]
},
"citation": "297A.75"
}
]