Bill > SF67

This bill provides a temporary sales and use tax exemption for specific construction materials used in two municipal building projects in the city of Becker, Minnesota. Specifically, the bill creates a tax exemption for materials, supplies, and equipment used in constructing or renovating the city hall and police station, purchased between June 1, 2024, and April 30, 2025. While these materials would normally be subject to sales tax, the bill allows for the tax to be collected initially and then fully refunded to the city. The tax will be imposed at the standard rate but then completely reimbursed, similar to other project-specific tax exemptions in Minnesota. The bill also includes an appropriation from the state's general fund to the commissioner of revenue to cover the cost of these tax refunds. This targeted exemption is designed to reduce the financial burden of these municipal construction projects by effectively eliminating the sales tax on qualifying materials during a specific timeframe.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0067&ssn=0&y=2025