Bill > HF1710

This bill provides a specific sales and use tax exemption for certain construction projects in the city of Fairmont, Minnesota, with three distinct provisions: First, materials and supplies used in a UV/biosolids project are exempt from sales and use tax if purchased between September 11, 2024, and January 11, 2027; second, materials and supplies for a storage tank project are tax-exempt if purchased between January 1, 2025, and June 2, 2026; and third, materials and supplies for a public works building project are tax-exempt if purchased between May 31, 2021, and March 8, 2024. For each project, the tax will be initially collected at the standard rate but then fully refunded, with refunds not to be issued until after June 30, 2025. The bill also includes an appropriation from the general fund to the commissioner of revenue to cover the cost of these tax refunds. These targeted tax exemptions are designed to support specific infrastructure and improvement projects in Fairmont by reducing the overall cost of construction materials through a retroactive tax refund mechanism.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1710&ssn=0&y=2025