Minnesota 2025-2026 Regular Session

Minnesota House Bill HF3028 Compare Versions

Only one version of the bill is available at this time.

Old	New	Differences
1	1	1.1 A bill for an act
2	2	1.2 relating to taxation; sales and use; providing a refundable exemption for materials
3	3	1.3 used in construction projects in redevelopment districts in the city of St. Cloud.
4	4	1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
5	5	1.5 Section 1. ST. CLOUD; REDEVELOPMENT DISTRICTS SALES AND USE TAX
6	6	1.6EXEMPTION.
7	7	1.7 Subdivision 1.Exemption; refund.(a) Materials and supplies used in and equipment
8	8	1.8incorporated into private redevelopment projects on parcels listed in paragraph (b) are
9	9	1.9exempt from sales and use tax under Minnesota Statutes, chapter 297A, provided the resulting
10	10	1.10development is subject to property taxes.
11	11	1.11 (b) The exemption in this section applies to the following parcels, and the adjacent
12	12	1.12parcels, roads, and right-of-ways thereto, with the tax identification numbers:
13	13	1.13 (1) in Stearns County: 82517020000 (Lady Slipper Catalyst Site); 82515440001 (North
14	14	1.14Riverfront Catalyst Site); 82515470000; 82515480000 (Empire Catalyst Site); 82518760015
15	15	1.15(Swan Lot Catalyst Site); 82528850020 (Riverboat Lot Catalyst Site); 82528850001 (Former
16	16	1.16Herberger's); 82528850065 (Former Herberger's); 82528850005 (Former Herberger's);
17	17	1.1782528850053; 82528850050; 82528850048 (Former Press Bar/Cowboy Jack's Lots); and
18	18	1.18 (2) in Benton County: 170037810 (Transit Oriented Development Catalyst Site);
19	19	1.19170058101 (Ace Block Catalyst Site); 170042000; 170041600; 170041100; 170041601;
20	20	1.20170041200; 170041800; 170059600 (Star Bank Catalyst Site); 170059300 (Riverfront South
21	21	1.21Catalyst Site); 170058300; 170059200; 170058600; 170058800; 170059100; 170058900;
22	22	1Section 1.
23	23	REVISOR EAP/LN 25-0468803/06/25
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. 3028
29	29	NINETY-FOURTH SESSION
30	30	Authored by Wolgamott04/01/2025
31	31	The bill was read for the first time and referred to the Committee on Taxes 2.11700113900 (Transit Oriented Development Catalyst Site); 170060600; 170060700; and
32	32	2.2170060800 (EDA Parking Lot and adjacent sites).
33	33	2.3 (c) The tax must be imposed and collected as if the rate under Minnesota Statutes, section
34	34	2.4297A.62, subdivisions 1 and 1a, applied. A refund equal to the tax paid on the gross receipts
35	35	2.5of items exempt under this section must be paid to the applicant. The applicant must be the
36	36	2.6owner of the development described in paragraph (b), clauses (1) and (2). The application
37	37	2.7must include sufficient information to permit the commissioner of revenue to verify the tax
38	38	2.8paid. If the tax was paid by a contractor, subcontractor, or builder, the contractor,
39	39	2.9subcontractor, or builder must furnish to the refund applicant a statement including the cost
40	40	2.10of the exempt items and the taxes paid on the items. The provisions of Minnesota Statutes,
41	41	2.11sections 289A.40 and 289A.50, apply to refunds under this section.
42	42	2.12 (d) The exemption under this section applies for sales and purchases made after July 1,
43	43	2.132025, and before December 31, 2040.
44	44	2.14 Subd. 2.Appropriation; limit on refunds.The amount required to pay the refunds
45	45	2.15under subdivision 1 is appropriated from the general fund to the commissioner of revenue.
46	46	2.16The commissioner of revenue must not pay more than $13,000,000 in refunds for purchases
47	47	2.17exempt under this section. Refunds must be processed and issued in the order that complete
48	48	2.18and accurate applications are received by the commissioner of revenue.
49	49	2.19 EFFECTIVE DATE.This section is effective the day following final enactment.
50	50	2Section 1.
51	51	REVISOR EAP/LN 25-0468803/06/25