Bill > HF513

This bill provides a specific sales and use tax exemption for certain construction and renovation projects in the City of Plymouth, Minnesota. The exemption applies to materials, supplies, and equipment used in six key projects: a public parking ramp, Plymouth Boulevard renovation, Plymouth Ice Center expansion, regional stormwater ponding, roadway realignment, and Plymouth Community Center expansion, as well as two additional projects involving the Zachary Water Treatment Plant and Meadows Playfield. The tax exemption is valid for purchases made between January 1, 2024, and June 30, 2028. While the materials will initially be taxed at the standard rate, the city will receive a full refund of the sales tax, with refunds to be issued after June 30, 2025. The bill includes an appropriation from the general fund to the commissioner of revenue to cover these refunds. This targeted tax exemption is designed to support the City Center revitalization project by reducing the financial burden of infrastructure and community facility improvements.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0513&ssn=0&y=2025