Bill > HF2638

This bill modifies a previous tax exemption for construction materials in the city of Ramsey, Minnesota. Specifically, the bill expands the existing sales and use tax exemption for a new water treatment plant to now include trunk water main improvements. The exemption applies to materials, supplies, and equipment used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of these water infrastructure projects. The tax exemption is available for purchases made between December 31, 2022, and July 1, 2027. The bill clarifies that the tax must be initially collected as if the standard state sales tax rate applies, but then refunded in a manner similar to other specific infrastructure projects. The effective date of the bill is retroactive, meaning it covers sales and purchases made after December 31, 2022. This change aims to support infrastructure development in the city of Ramsey by reducing the tax burden on water treatment and distribution projects.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2638&ssn=0&y=2025