This bill proposes to give a tax exemption for certain construction materials used in building and renovation projects at elementary and high schools in the Canby Independent School District in Minnesota. The projects covered include constructing new facilities like a gymnasium and an eight-lane track, as well as upgrading existing facilities such as HVAC systems, athletic fields, classrooms, and security entrances. The materials must be purchased between December 31, 2023, and January 1, 2026, to qualify for the exemption. The tax paid on these materials will be collected initially but will be refunded later. The money needed to cover these refunds will come from the state's general fund.