SF957

SF957 (Legislative Session 94 (2025-2026))

Benton County government center refundable exemption for certain construction materials provision

AI Generated Summary

Senate Bill No. 957 introduced in Minnesota proposes a tax exemption specifically for construction materials, supplies, and equipment used in building a government center in Benton County, located in the city of Foley. To qualify, these items must be purchased between March 31, 2025, and January 1, 2030. The plan is to collect the sales and use tax initially, as usual, but then to refund it under specific conditions similar to previous projects. The funds needed to provide these refunds will come from the state's general fund. The government intends to start issuing refunds after June 30, 2025.

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": [],
      "removed": [],
      "summary": "This bill discusses the sales and use tax exemptions applicable to certain construction materials in Benton County, referencing the sales tax rates described in section 297A.62.",
      "modified": [
        "Sales and use tax for specific construction materials will be initially applied but subsequently refunded."
      ]
    },
    "citation": "297A.62"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill refers to the refund process for the sales tax on construction materials, citing section 297A.75.",
      "modified": [
        "Provides that refunds will follow the method detailed for projects under the specified section."
      ]
    },
    "citation": "297A.75"
  }
]