Bill > HF148

This bill establishes a specific sales and use tax exemption and refund program for construction materials used in building an ice rink in the city of Delano, Minnesota. Under the bill, materials, supplies, and equipment used in constructing, reconstructing, upgrading, expanding, renovating, or remodeling the ice rink will be exempt from sales and use tax, but only for purchases made between November 30, 2023, and January 1, 2026. The tax will initially be collected as if the standard tax rate applies, but will then be refunded through a process similar to other tax exemption projects outlined in Minnesota Statutes. Importantly, the refunds will not be issued until after June 30, 2025. The bill also appropriates the necessary funds from the general fund to the commissioner of revenue to cover these tax refunds. The effective date of the bill is retroactive, applying to sales and purchases made within the specified date range.