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Bill > SF2403
MN SF2403
MN SF2403Minneapolis-St. Paul International Airport renovation construction materials refundable sales and use tax exemption authorization
summary
Introduced
03/02/2023
03/02/2023
In Committee
03/02/2023
03/02/2023
Crossed Over
Passed
Dead
05/20/2024
05/20/2024
Introduced Session
93rd Legislature 2023-2024
Bill Summary
A bill for an act relating to taxes; sales and use; providing a refundable sales tax exemption for construction materials for the Minneapolis-St. Paul International Airport renovation; appropriating money.
AI Summary
This bill proposes to provide a refundable sales and use tax exemption for construction materials used in the renovation of the Minneapolis-St. Paul International Airport. The exemption would apply to materials, supplies, and equipment purchased by contractors or subcontractors after June 30, 2023, and before January 1, 2028. The tax must be imposed and collected as if the regular sales tax rate applies, and then refunded in the same manner as for other eligible projects. The bill also appropriates the necessary funds from the general fund to the Commissioner of Revenue to pay for the refunds.
Committee Categories
Budget and Finance
Sponsors (5)
Last Action
Hearing (08:30:00 3/30/2023 ) (on 03/30/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF2403&ssn=0&y=2023 |
| BillText | https://www.revisor.mn.gov/bills/text.php?number=SF2403&version=0&session=ls93&session_year=2023&session_number=0&format=pdf |
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