SF10 (Legislative Session 94 (2025-2026))
Rochester refundable exemption provision for construction materials for a water reclamation plant
Related bill: HF349
AI Generated Summary
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.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 15, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 15, 2025 | Senate | Floor | Action | Referred to | Taxes |
| January 20, 2025 | Senate | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"A refund mechanism for sales tax on materials used in specific construction projects."
],
"removed": [],
"summary": "The bill imposes and collects sales and use taxes for certain construction materials as if the rate under section 297A.62 applied.",
"modified": [
"Specifies a time frame and project type for which the existing tax rate applies but is later refunded."
]
},
"citation": "297A.62"
},
{
"analysis": {
"added": [
"Includes water reclamation project under the refund provision."
],
"removed": [],
"summary": "Provides that refunds on sales tax are managed in the same manner as certain other projects under section 297A.75.",
"modified": [
"Applies existing refund procedures to new types of projects."
]
},
"citation": "297A.75"
}
]