| 1 | 1 | | 1.1 A bill for an act |
|---|
| 2 | 2 | | 1.2 relating to taxation; sales and use; providing a refundable construction exemption |
|---|
| 3 | 3 | | 1.3 for Big Lake Public School District. |
|---|
| 4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
|---|
| 5 | 5 | | 1.5 Section 1. BIG LAKE INDEPENDENT SCHOOL DISTRICT; REFUNDABLE |
|---|
| 6 | 6 | | 1.6SALES AND USE TAX EXEMPTION FOR CONSTRUCTION MATERIALS. |
|---|
| 7 | 7 | | 1.7 Subdivision 1.Exemption; refund.(a) Materials and supplies used or consumed in and |
|---|
| 8 | 8 | | 1.8equipment incorporated into the construction and renovation projects for Big Lake Liberty |
|---|
| 9 | 9 | | 1.9Elementary School, Big Lake Independence Elementary School, Big Lake Middle School, |
|---|
| 10 | 10 | | 1.10and Big Lake High School in Independent School District No. 727, Big Lake, are exempt |
|---|
| 11 | 11 | | 1.11from sales and use tax imposed under Minnesota Statutes, chapter 297A, if the materials, |
|---|
| 12 | 12 | | 1.12supplies, and equipment are purchased after December 31, 2021, and before January 1, |
|---|
| 13 | 13 | | 1.132025. |
|---|
| 14 | 14 | | 1.14 (b) The tax must be imposed and collected as if the rate under Minnesota Statutes, section |
|---|
| 15 | 15 | | 1.15297A.62, subdivisions 1 and 1a, applied, and then refunded in the same manner provided |
|---|
| 16 | 16 | | 1.16for projects under Minnesota Statutes, section 297A.75, subdivision 1, clause (17). Refunds |
|---|
| 17 | 17 | | 1.17for eligible purchases must not be issued until after June 30, 2025. |
|---|
| 18 | 18 | | 1.18 Subd. 2.Appropriation.The amount required to pay the refunds under subdivision 1 |
|---|
| 19 | 19 | | 1.19is appropriated from the general fund to the commissioner of revenue. |
|---|
| 20 | 20 | | 1.20 EFFECTIVE DATE.This section is effective retroactively for sales and purchases |
|---|
| 21 | 21 | | 1.21made after December 31, 2021, and before January 1, 2025. |
|---|
| 22 | 22 | | 1Section 1. |
|---|
| 23 | 23 | | REVISOR EAP/AD 25-0097212/23/24 |
|---|
| 24 | 24 | | State of Minnesota |
|---|
| 25 | 25 | | This Document can be made available |
|---|
| 26 | 26 | | in alternative formats upon request |
|---|
| 27 | 27 | | HOUSE OF REPRESENTATIVES |
|---|
| 28 | 28 | | H. F. No. 164 |
|---|
| 29 | 29 | | NINETY-FOURTH SESSION |
|---|
| 30 | 30 | | Authored by Mekeland01/22/2025 |
|---|
| 31 | 31 | | The bill was read for the first time and referred to the Committee on Taxes |
|---|