Bill > SF156

This bill provides a sales and use tax exemption specifically for construction materials used in building a new three-story school building for the Round Lake-Brewster Independent School District (ISD No. 2907). The exemption applies to materials, supplies, and equipment purchased between December 31, 2023, and September 1, 2026, for this specific construction project. Although the materials will initially be subject to sales tax, the tax will be collected as normal and then fully refunded to the school district, similar to other tax refund processes for public projects outlined in Minnesota Statutes. The bill includes an appropriation from the general fund to the commissioner of revenue to cover the cost of these tax refunds. The effective date is retroactive, meaning it will apply to sales and purchases made within the specified date range, which allows the school district to recover sales taxes already paid during this period for the new school building construction.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0156&ssn=0&y=2025