SF61 (Legislative Session 94 (2025-2026))
Plymouth refundable exemption provision for certain construction materials for certain projects
Related bill: HF513
AI Generated Summary
Senate Bill No. 61 is designed to help the city of Plymouth, Minnesota, by making it cheaper to construct and renovate certain public facilities and infrastructure. How? By removing the sales and use taxes on materials, supplies, and equipment needed for these projects. The projects mentioned include building a new public parking ramp, updating Plymouth Boulevard, expanding the Plymouth Ice Center, constructing regional stormwater facilities, realigning roads, enlarging the Plymouth Community Center, and renovating the Zachary Water Treatment Plant and Meadows Playfield.
To make use of this tax exemption, the purchases have to be made after December 31, 2023, and before July 1, 2028. Although tax is initially paid, it's then refunded. The first refunds will start being issued after June 30, 2025, indicating a delay in the return of the tax money. The funds needed to cover these tax refunds will come from the state’s general fund and managed by the commissioner of revenue. This legislative effort aims to support community development and infrastructure upgrades in Plymouth through financial relief.
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 |
| January 29, 2025 | Senate | Floor | Action | Author added |
Citations
[
{
"analysis": {
"added": [
"A new provision granting exemption for materials used in six designated projects in Plymouth."
],
"removed": [],
"summary": "The bill provides a sales and use tax exemption for construction materials for specific projects in the city of Plymouth under chapter 297A.",
"modified": [
"Clarification on timing for purchases and refunds."
]
},
"citation": "297A"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Although not directly modified, this reference indicates that sales taxes are initially applied at the rate specified in section 297A.62, subdivisions 1 and 1a.",
"modified": [
"Application of standard tax rate before exemption processes."
]
},
"citation": "297A.62, subdivisions 1 and 1a"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This provision is related to the refund process applicable to the Plymouth projects.",
"modified": [
"Specifies that refunds for eligible purchases are processed similarly to projects under the existing law."
]
},
"citation": "297A.75, subdivision 1, clause 17"
}
]