SF5 (Legislative Session 94 (2025-2026))
Refundable exemption provision for certain construction materials purchased for Browerville Public Schools
Related bill: HF179
AI Generated Summary
This bill, identified as SF No 5, proposes a tax exemption for certain construction materials, supplies, and equipment purchased for specific projects at Browerville Public Schools in Minnesota. These projects include renovations to the existing school building and the construction of new facilities like a gymnasium, classrooms, and other related spaces. The exemption applies to purchases made between December 1, 2023, and January 1, 2026. Although the tax will initially be collected, it will be refunded later under the conditions outlined in the bill, with the first refunds available after June 30, 2025. The required funds for these refunds will be provided 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": [
"A new refund mechanism for the sales taxes collected on construction materials for Browerville Public Schools."
],
"removed": [
"None"
],
"summary": "The bill references the sales tax rate imposed under section 297A.62 for the taxable purchase of construction materials.",
"modified": [
"The application of sections 297A.62 and 297A.75, which govern sales tax collection and refund."
]
},
"citation": "297A.62"
},
{
"analysis": {
"added": [
"Provisions allowing for refunds on taxes under specific purchases for school construction."
],
"removed": [
"None"
],
"summary": "The bill sets out a mechanism for refunding taxes collected under the projects detailed in section 297A.75.",
"modified": [
"Timeframe and eligibility for project refunds using the rules in section 297A.75."
]
},
"citation": "297A.75"
}
]