Bill > HF2153

This bill provides a specific sales and use tax exemption for construction materials used in ice rink projects in the city of Albert Lea, Minnesota. Specifically, materials, supplies, and equipment used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of ice rinks will be exempt from sales and use tax if purchased between April 9, 2024, and January 1, 2027. While the tax will initially be collected as normal, businesses will be eligible for a full refund of these taxes after June 30, 2024, following procedures similar to other tax refund projects outlined in Minnesota Statutes. The bill includes an appropriation from the general fund to the commissioner of revenue to cover the cost of these tax refunds. The effective date is retroactive, meaning it will apply to sales and purchases made within the specified timeframe, providing financial relief for ice rink improvement projects in Albert Lea.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2153&ssn=0&y=2025