Bill > HF156

This bill provides a specific sales and use tax exemption for construction materials used in a regional exhibition center project located at Graham Park in Olmsted County, Minnesota. The tax exemption applies to materials, supplies, and equipment used in construction, reconstruction, upgrade, expansion, renovation, or remodeling of the center, but only for purchases made between January 1, 2025, and December 31, 2027. Although sales tax will initially be collected at the standard rate, the tax will be fully refunded to the project, similar to other special tax exemption procedures in Minnesota. The bill includes an appropriation from the general fund to cover the cost of these tax refunds, effectively making the construction materials free from sales tax for this specific regional exhibition center project. The exemption is designed to support the development of the Graham Park facility by reducing its construction costs through a targeted tax relief mechanism.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0156&ssn=0&y=2025