Bill

Bill > SF3582


MN SF3582

MN SF3582
City of Wayzata refundable exemption for construction materials for certain projects


summary

Introduced
02/17/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to taxation; sales and use; providing a refundable exemption for construction materials for certain projects in the city of Wayzata.

AI Summary

This bill establishes a refundable exemption from sales and use tax for construction materials, supplies, and equipment used in specific projects within the city of Wayzata, Minnesota, for purchases made between January 1, 2026, and July 1, 2030. The affected projects include the expansion and remodeling of Depot Park, the construction of community docks for access to Lake Minnetonka, shoreline restoration efforts, the restoration of the Section Foreman House to include a learning center, the construction of Eco Park with various environmental improvements and educational spaces, and the building of a regional multiuse trail. While the tax will initially be collected as if it applied, it will then be refunded to eligible purchasers in a manner similar to other project exemptions, with refunds for eligible purchases not being issued until after June 30, 2026, and the necessary funds for these refunds are appropriated from the general fund to the commissioner of revenue.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Referred to Taxes (on 02/17/2026)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...