Bill > SF3016

This bill creates a specific sales tax exemption and refund process for construction materials used in building a new water treatment facility in Monticello, Minnesota. Under this legislation, materials, supplies, and equipment used in constructing, reconstructing, upgrading, expanding, renovating, or remodeling the water treatment facility (including related infrastructure) will be exempt from sales and use taxes if purchased between September 1, 2025, and January 1, 2030. The tax will initially be collected at the standard state rates, but then fully refunded to the governmental entity that owns or contracts for the project. This means the city of Monticello will effectively pay no sales tax on these construction materials. The bill includes an appropriation from the general fund to the Minnesota Department of Revenue to cover the cost of these tax refunds. The provision is time-limited, applying only to purchases made during the specified four-year period, and is designed to support the city's water infrastructure development by reducing the project's overall cost.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3016&ssn=0&y=2025