SF48 (Legislative Session 94 (2025-2026))
Refundable exemption provision for construction materials used in certain projects in the Russell Tyler Ruthton Independent School District
Related bill: HF873
AI Generated Summary
The bill SF No 48 proposes to exempt construction materials used in building and upgrading facilities within the Russell Tyler Ruthton Independent School District from Minnesota sales and use taxes. This tax break applies specifically to materials, supplies, and equipment bought between January 1, 2020, and December 31, 2023, and used in the construction of pre-K to grade 12 school buildings and athletic fields. The taxes paid on these materials will still be collected, but they will then be refunded under the same procedures used for other similar projects. Claims for refunds can be filed until January 1, 2026, for purchases made between the specified dates. The necessary funds to cover these refunds will come from the state's general fund.
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 |
Citations
[
{
"analysis": {
"added": [
"New interpretation for application of tax rates on specific school construction materials."
],
"removed": [
"Prior non-refundability of tax paid under acquisition of construction materials."
],
"summary": "The bill references section 297A.62 in relation to the sales and use tax exemption for construction materials.",
"modified": [
"Adjusts filing deadlines for refund claims up to January 1, 2026."
]
},
"citation": "297A.62"
},
{
"analysis": {
"added": [
"Provision for refund process for eligible construction materials stated for this specific project."
],
"removed": [],
"summary": "Referencing process for refunding the collected sales tax in accordance with section 297A.75.",
"modified": [
"Introduces new clause for handling refunds under stated conditions."
]
},
"citation": "297A.75"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This section is cited in relation to the modification of the time frame for filing refund claims.",
"modified": [
"Allows for the extension of the claims filing period till the year 2026."
]
},
"citation": "289A.40"
}
]