Bill > SF1684

This bill provides a targeted sales tax exemption and refund for construction materials used in the Moorhead City Hall renovation project. Specifically, the bill exempts materials, supplies, and equipment used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of Moorhead City Hall from sales and use tax if they are purchased between February 28, 2025, and June 1, 2027. The tax will initially be collected as if the standard rate applies, but then will be fully refunded to the project in a manner similar to other tax exemption programs. Importantly, the refunds will not be issued until after June 30, 2025. The bill also appropriates the necessary funds from the general fund to the commissioner of revenue to cover these tax refunds. This exemption is designed to support the city's infrastructure improvement project by reducing the overall cost of construction materials through a sales tax relief mechanism.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1684&ssn=0&y=2025