SF945 (Legislative Session 94 (2025-2026))
Redwood Independent School District refundable exemption for construction material provision for certain projects
Related bill: HF938
AI Generated Summary
Senate File No. 945 is a proposed bill in Minnesota that aims to support the Redwood Independent School District by offering a refundable sales and use tax exemption. This exemption applies specifically to construction materials, supplies, and equipment used in various building projects at Redwood Valley Elementary. These projects can include construction, reconstruction, upgrades, expansion, renovation, or remodeling. The tax exemption is valid for purchases made between March 11, 2024, and September 9, 2026. The bill also provides that the necessary funds for these tax refunds will come from the state's general fund and be managed by the commissioner of revenue.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 02, 2025 | Senate | Floor | Action | Introduction and first reading | |
| February 02, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"Provides a refundable tax exemption for specific construction materials."
],
"removed": [],
"summary": "The bill references the sales and use tax rates detailed in section 297A.62, subdivisions 1 and 1a.",
"modified": []
},
"citation": "297A.62"
},
{
"analysis": {
"added": [
"Incorporates the refund methodology used in this existing statute for new projects in the Redwood Independent School District."
],
"removed": [],
"summary": "The bill outlines the refund process for construction materials as provided in section 297A.75, subdivision 1.",
"modified": []
},
"citation": "297A.75"
}
]