SF2014

SF2014 (Legislative Session 94 (2025-2026))

Cottonwood County refundable exemption provision for construction materials for certain projects

Related bill: HF1924

AI Generated Summary

This bill (S.F. No. 2014) proposes a sales and use tax exemption for construction materials used in building the Cottonwood County Public Works Maintenance Facility in Windom, Minnesota. The exemption applies to materials, supplies, and equipment purchased between December 19, 2024, and January 1, 2027. Although sales tax will still be collected at the time of purchase, it will later be refunded following procedures outlined in existing Minnesota statutes. Refunds will not be issued before June 30, 2025. Additionally, the bill appropriates funds from the general fund to the commissioner of revenue to cover these refunds.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 26, 2025	Senate	Floor	Action	Introduction and first reading
February 26, 2025	Senate	Floor	Action	Referred to	Taxes

Citations

[
  {
    "analysis": {
      "added": [
        "Introduces a refundable exemption for specific construction materials."
      ],
      "removed": [],
      "summary": "The bill involves sales and use tax exemption related to the tax rates referenced under Minnesota Statutes section 297A.62.",
      "modified": []
    },
    "citation": "297A.62"
  },
  {
    "analysis": {
      "added": [
        "Detailed refund process for the tax exemptions granted."
      ],
      "removed": [],
      "summary": "The bill employs refund procedures as outlined in Minnesota Statutes section 297A.75.",
      "modified": []
    },
    "citation": "297A.75"
  }
]