Bill > SF945

This bill provides a specific sales and use tax exemption for construction materials used in the Redwood Valley Elementary School project within Independent School District No. 2897 in Redwood Falls, Minnesota. The exemption applies to materials, supplies, and equipment purchased for construction, reconstruction, upgrade, expansion, renovation, or remodeling of the school between March 11, 2024, and September 9, 2026. Although these materials will initially be subject to sales tax, the tax will be collected and then fully refunded to the school district, similar to other tax exemption processes outlined in Minnesota statutes. The bill includes an appropriation from the general fund to cover the cost of these tax refunds, and the provision is designed to be retroactively effective for the specified time period. This targeted tax exemption is intended to reduce the financial burden on the school district for its upcoming construction and renovation projects.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0945&ssn=0&y=2025