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SF2049 (Legislative Session 94 (2025-2026))

Rochester Public Utilities Advanced Metering Infrastructure Project certain electric meters and software exemption provision

Related bill: HF1760

AI Generated Summary

This bill, S.F. No. 2049, proposes a sales and use tax exemption for electric meters, software, and related components used in the Rochester Public Utilities Advanced Metering Infrastructure Project in Minnesota.

Key Provisions:

  1. Exemption & Refund:

    • Items purchased for the project between June 30, 2024, and March 31, 2029, are eligible for the exemption.
    • The tax must be collected as usual but will be refunded similarly to other projects outlined in Minnesota Statutes section 297A.75, subdivision 1, clause 17.

  2. Funding for Refunds:

    • The amount needed for refunds is appropriated from the state’s general fund and will be managed by the commissioner of revenue.

Purpose:

This bill aims to reduce costs for the Rochester Public Utilities project by eliminating the financial burden of sales and use tax on necessary meters and software, thereby promoting investment in advanced metering infrastructure.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
March 02, 2025SenateFloorActionIntroduction and first reading
March 02, 2025SenateFloorActionReferred toTaxes

Citations

 
[
  {
    "analysis": {
      "added": [
        "Introduces a tax exemption for electric meters and software used in the Rochester infrastructure project."
      ],
      "removed": [],
      "summary": "The tax is imposed and collected under the stipulations of Minnesota Statutes section 297A.62, subdivisions 1 and 1a, before being refunded.",
      "modified": []
    },
    "citation": "297A.62"
  },
  {
    "analysis": {
      "added": [
        "Specifies the refund process for taxes collected under the exemption."
      ],
      "removed": [],
      "summary": "Refunds on taxes collected will follow the procedure stated in Minnesota Statutes section 297A.75, subdivision 1, clause 17.",
      "modified": []
    },
    "citation": "297A.75"
  }
]

Sponsors