SF972 (Legislative Session 94 (2025-2026))
Construction materials used in Itasca County refundable sales and use tax exemption authorization
Related bill: HF353
AI Generated Summary
The legislative bill S.F. No. 972 proposes to exempt certain construction materials from sales and use taxes. These materials are to be used in construction projects like rebuilding, expanding, or renovating the Itasca County government center. The tax exemption applies to purchases made between April 30, 2021, and January 1, 2025. Although the tax will initially be collected, it will be refunded later. Claims for refunds can be made until January 1, 2026, but no refunds will be issued before July 1, 2025. The necessary funds for these refunds will come from the state's general fund.
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 |
| March 23, 2025 | Senate | Floor | Action | Author stricken | |
| March 23, 2025 | Senate | Floor | Action | Author stricken |
Citations
[
{
"analysis": {
"added": [
"A refundable exemption for tax on materials used in specific construction activities."
],
"removed": [],
"summary": "This bill provides sales tax exemption details under section 297A.62 for certain construction materials in Itasca County.",
"modified": []
},
"citation": "297A.62"
},
{
"analysis": {
"added": [
"The method for refunding taxes collected on construction materials."
],
"removed": [],
"summary": "This bill references the process for refunds for projects under section 297A.75.",
"modified": []
},
"citation": "297A.75"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill alters the deadline for filing refund claims under section 289A.40.",
"modified": [
"Allows claims for refund to be filed until January 1, 2026, extending the usual period."
]
},
"citation": "289A.40"
}
]