Bill > HF1123

This bill provides a sales tax exemption for construction materials used in the Minneapolis-St. Paul International Airport renovation project. Specifically, materials, supplies, and equipment purchased by contractors or subcontractors for public infrastructure improvements at the airport will be exempt from Minnesota sales and use tax between July 1, 2023, and January 1, 2028. While contractors will initially pay the sales tax, they can receive a full refund, which will not be processed until July 1, 2025. The tax will be initially collected at the standard state rate and then refunded through a process similar to other exempt public infrastructure projects. The bill 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 reduce the overall cost of airport infrastructure improvements and is retroactively effective for the specified time period.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1123&ssn=0&y=2025