Bill > SF3317

This bill provides a specific sales tax exemption and refund for construction materials used in a clean water infrastructure project in Brooklyn Park, Minnesota. Specifically, the bill exempts materials, supplies, and equipment used to construct two water mains that will run under U.S. Highway 169 to support the city's biotech innovation district. The tax exemption applies to purchases made between November 30, 2025, and January 1, 2029. Although the materials will be initially taxed at the standard rate, the tax will then be fully refunded to the project, similar to other infrastructure project tax refund mechanisms in Minnesota. The bill includes an appropriation from the general fund to the commissioner of revenue to cover the cost of these tax refunds. This targeted tax exemption is designed to support infrastructure development in Brooklyn Park's biotech innovation district by reducing the tax burden on specific water main construction materials.

Budget and Finance

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3317&ssn=0&y=2025