Bill > SF1981

This bill modifies a previous tax exemption for construction materials used in a water treatment plant project in the city of Ramsey, Minnesota. Specifically, the bill expands the existing sales and use tax exemption to now include not only the water treatment plant construction, but also trunk water main improvements. The tax exemption applies to materials, supplies, and equipment purchased between December 31, 2022, and July 1, 2027. The tax will initially be collected as if the standard state sales tax rate applies, but will then be fully refunded, similar to other specific infrastructure projects. The bill clarifies the effective dates and ensures that refunds for eligible purchases cannot be issued until after June 30, 2023. This modification appears to provide additional tax relief for infrastructure development in the city of Ramsey by broadening the scope of the original tax exemption to cover related water infrastructure improvements.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF1981&ssn=0&y=2025