Minneslate Logo

HF513 (Legislative Session 94 (2025-2026))

Plymouth; refundable exemption provided for construction materials.

Related bill: SF61

AI Generated Summary

The legislative bill H.F. No, proposed by Klevorn, Greene, Falconer, Carroll, Rehm, and others, aims to help the city of Plymouth, Minnesota, with its revitalization projects by offering a tax exemption. Specifically, the bill provides a refundable sales and use tax exemption for materials and equipment used in several construction projects from December 31, 2023, to July 1, 2028. These projects include the construction of a public parking ramp, renovation of Plymouth Boulevard, expansion of the Plymouth Ice Center, construction of a regional stormwater pond, realignment of roadways, and expansion of the Plymouth Community Center. Additionally, it covers the renovation of the Zachary Water Treatment Plant and Meadows Playfield.

Under this bill, taxes will initially be collected on these materials and supplies as usual but will then be refunded to the purchasers, with the first refunds not issued until after June 30, 2025. The funds required for these refunds will be provided from the general fund to the commissioner of revenue as per the appropriation section in the bill.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 12, 2025HouseFloorActionIntroduction and first reading, referred toTaxes

Citations

 
[
  {
    "analysis": {
      "added": [
        "Exemption for materials used in specific projects in the City of Plymouth."
      ],
      "removed": [
        "N/A"
      ],
      "summary": "This bill provides an exemption from sales and use tax under Minnesota Statutes chapter 297A for certain construction materials used in projects in Plymouth.",
      "modified": [
        "N/A"
      ]
    },
    "citation": "297A"
  },
  {
    "analysis": {
      "added": [
        "Specifies the tax rate application before refunding."
      ],
      "removed": [
        "N/A"
      ],
      "summary": "This bill references the sales and use tax rate under Minnesota Statutes section 297A.62.",
      "modified": [
        "N/A"
      ]
    },
    "citation": "297A.62"
  },
  {
    "analysis": {
      "added": [
        "Refund process for exemption specified."
      ],
      "removed": [
        "N/A"
      ],
      "summary": "This bill outlines the refund process as similar to projects under Minnesota Statutes section 297A.75.",
      "modified": [
        "N/A"
      ]
    },
    "citation": "297A.75"
  }
]

Sponsors