Bill > SF13

This bill provides a specific sales and use tax exemption for construction materials used in Woodbury's water infrastructure projects. Specifically, the bill allows for a tax exemption and subsequent refund for materials, supplies, and equipment used in constructing, reconstructing, upgrading, expanding, renovating, or remodeling a water treatment facility, water tower, water pipeline infrastructure, and associated improvements. The exemption applies to purchases made between January 31, 2024, and December 1, 2028, and follows a unique process where taxes are initially collected at the standard rate but then fully refunded. Importantly, the refunds will not be issued until after June 30, 2025, and the amount needed to process these refunds will be appropriated from the state's general fund to the commissioner of revenue. The bill is designed to support Woodbury's specific water infrastructure development by providing a financial incentive through a tax exemption mechanism.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0013&ssn=0&y=2025