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HF873 (Legislative Session 94 (2025-2026))

Russell Tyler Ruthton Independent School District; refundable sales and use tax exemption provided for construction materials used in certain projects.

Related bill: SF48

AI Generated Summary

This bill proposes a tax exemption for materials, supplies, and equipment used in construction projects within the Russell Tyler Ruthton Independent School District in Minnesota. Specifically, the exemption applies to the construction of a prekindergarten through grade 12 school building and athletic field. The items eligible for this tax break must have been purchased between December 31, 2019, and January 1, 2024.

Key points of the bill are:

  1. Tax Refund Process:

    • Sales and use taxes will initially be collected as usual.
    • A refund will be provided in the manner specified for similar types of projects.
    • Claims for refund for purchases made from December 31, 2019, to January 1, 2022, can be filed until January 1, 2026.

  2. Funding:

    • The money required to pay these refunds will come from Minnesota's general fund and be managed by the commissioner of revenue.

This legislation aims to support educational infrastructure development through financial incentives, specifically tax relief on construction-related purchases.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 16, 2025HouseFloorActionIntroduction and first reading, referred toTaxes

Citations

 
[
  {
    "analysis": {
      "added": [
        "Provides a refundable exemption for specific school construction projects."
      ],
      "removed": [],
      "summary": "This bill addresses the sales and use tax rate applicable to construction materials for a specific school district.",
      "modified": [
        "Sales tax rate applicability to specified time periods for refund eligibility."
      ]
    },
    "citation": "297A.62"
  },
  {
    "analysis": {
      "added": [
        "New refund procedures for Russell Tyler Ruthton Independent School District projects."
      ],
      "removed": [],
      "summary": "This bill specifies refund procedures for sales tax exemptions under certain project conditions.",
      "modified": [
        "Clarifies the procedure for claiming sales tax refunds related to specific construction projects."
      ]
    },
    "citation": "297A.75"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill modifies deadline provisions for claims of refunds related to specific sales and purchases.",
      "modified": [
        "Changes the deadline for filing claims for refunds on specified sales and purchases."
      ]
    },
    "citation": "289A.40"
  }
]

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