Bill > SF1155

This bill provides a specific sales tax exemption and refund for construction materials used in building or renovating 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 at the standard rate, but then fully refunded to the purchaser after June 30, 2025, using a process similar to other tax exemption projects in Minnesota. The bill also includes an appropriation from the general fund to the Minnesota Department of Revenue to cover the cost of these tax refunds. The tax exemption is designed to be retroactively effective, meaning it applies to qualifying purchases made during the specified timeframe, even if the refund is processed later.