Bill > HF1760

This bill provides a specific sales and use tax exemption for electric meters, software, and related components used in the Rochester Public Utilities Advanced Metering Infrastructure (AMI) Project. Under this legislation, any such items purchased between July 1, 2024, and March 31, 2029, will be exempt from sales tax. However, the tax will initially be collected at the standard rate and then fully refunded to the purchaser, similar to other tax exemption processes outlined in Minnesota statutes. The bill includes an appropriation from the general fund to the commissioner of revenue to cover these tax refunds, ensuring that Rochester Public Utilities can proceed with their AMI Project without incurring additional tax expenses. The Advanced Metering Infrastructure Project likely involves upgrading the city's electric meter system with modern, potentially smart technology that can provide more efficient energy monitoring and management. The tax exemption is designed to support and incentivize this infrastructure improvement by reducing the project's overall cost.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF1760&ssn=0&y=2025