SF10

The legislative bill, SF No. 10, proposes that construction materials, supplies, and equipment used for building or renovating a water reclamation plant in Rochester, Minnesota, be exempt from state sales and use tax. These items must be purchased between September 1, 2024, and May 31, 2026, to qualify for the exemption. Although the tax will initially be applied and collected, it will be refunded in the same manner as other similar projects. The money needed to cover these tax refunds will come from Minnesota's general fund and will be managed by the state's commissioner of revenue.