SF1184

SF1184 (Legislative Session 94 (2025-2026))

Minneapolis-St. Paul International Airport renovation refundable tax exemption provision for construction materials

Related bill: HF1123

AI Generated Summary

Senate Bill S.F. No. 1184 proposes a refundable sales tax exemption for materials, supplies, and equipment used in construction, reconstruction, repair, maintenance, or improvement projects at the Minneapolis-St. Paul International Airport. The exemption would apply to purchases made by contractors or subcontractors from July 1, 2023, until December 31, 2027. Although sales tax will initially be collected on these purchases, it will later be refunded. The funds necessary to cover these tax refunds will come from the state's general fund.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 09, 2025	Senate	Floor	Action	Introduction and first reading
February 09, 2025	Senate	Floor	Action	Referred to	Taxes

Citations

[
  {
    "analysis": {
      "added": [
        "A provision for refundable sales tax exemption for airport construction materials."
      ],
      "removed": [],
      "summary": "The bill references the imposition and collection of sales tax under section 297A.62 for construction materials at the Minneapolis-St. Paul International Airport.",
      "modified": []
    },
    "citation": "297A.62"
  },
  {
    "analysis": {
      "added": [
        "Allocates funds for refund processing similar to existing projects."
      ],
      "removed": [],
      "summary": "The bill utilizes the refund procedures outlined in section 297A.75 for processing sales tax exemptions.",
      "modified": []
    },
    "citation": "297A.75"
  }
]