HF520 (Legislative Session 94 (2025-2026))
Becker Public School District refundable construction exemption provided.
Related bill: SF70
AI Generated Summary
The legislative bill H.F. No., introduced by Mekeland, proposes a sales tax exemption for materials, supplies, and equipment used in construction and renovation projects at various facilities in the Becker Public School District, Minnesota. This exemption applies to purchases made between December 31, 2021, and January 1, 2025. The sales tax will initially be collected on these items, but it will be refunded starting from June 30, 2025. The funds needed for these refunds will be provided from the state's general fund. This initiative aims to financially aid the Becker Public School District in its construction and renovation projects.
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 section outlines the tax rate applicable to sales and use taxes.", "modified": [] }, "citation": "297A.62" }, { "analysis": { "added": [], "removed": [], "summary": "This section provides the procedures for refunding sales and use taxes for exempt projects.", "modified": [] }, "citation": "297A.75" } ]