SF344 (Legislative Session 94 (2025-2026))
Chanhassen sales and use tax exemption for construction materials authorization
Related bill: HF2206
AI Generated Summary
The bill, SF No 344, proposes a tax exemption for materials used in building or renovating the Chanhassen Bluffs Sports Complex in Chanhassen, Minnesota. Specifically, if contractors purchase construction materials, supplies, and equipment between October 31, 2025, and September 1, 2027, these items will be exempt from the standard sales and use tax. Initially, taxes will be collected as usual when the materials are bought, but those taxes will then be refunded. The money needed to cover these refunds will come from the state’s general fund and be managed by the commissioner of revenue. This exemption is aimed at reducing the financial burden of the sports complex project and encouraging development in Chanhassen.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 20, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 20, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"A clause for refund processing concerning construction materials for the Chanhassen Bluffs Sports Complex."
],
"removed": [
"None"
],
"summary": "This bill provides a process for refundable sales and use tax exemptions on materials used for certain construction projects.",
"modified": [
"Clarifies application of sales tax rate to certain purchases before refund is processed."
]
},
"citation": "297A.62"
},
{
"analysis": {
"added": [
"Defines refund process specific to the Chanhassen project under the statutory framework."
],
"removed": [
"None"
],
"summary": "This section of the bill relates to refund procedures for sales and use tax exemptions for specific projects.",
"modified": [
"Specifies timing and criteria for refunds tied to new construction start dates."
]
},
"citation": "297A.75"
}
]