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

Actions

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

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"
  }
]