| 1 | 1 | | 1.1 A bill for an act |
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| 2 | 2 | | 1.2 relating to taxation; sales and use; providing a refundable exemption for |
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| 3 | 3 | | 1.3 construction materials used in certain housing development projects in St. Louis |
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| 4 | 4 | | 1.4 County. |
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| 5 | 5 | | 1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 6 | 6 | | 1.6 Section 1. HOUSING DEVELOPMENT PROJECTS IN ST. LOUIS COUNTY; |
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| 7 | 7 | | 1.7SALES TAX EXEMPTION FOR CONSTRUCTION MATERIALS. |
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| 8 | 8 | | 1.8 Subdivision 1.Exemption; refund.(a) Materials and supplies used or consumed in and |
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| 9 | 9 | | 1.9equipment incorporated into the construction, reconstruction, upgrade, expansion, renovation, |
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| 10 | 10 | | 1.10or remodeling of the following projects in St. Louis County are exempt from sales and use |
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| 11 | 11 | | 1.11tax under Minnesota Statutes, chapter 297A, provided that the materials, supplies, and |
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| 12 | 12 | | 1.12equipment are purchased after June 30, 2025, and before July 1, 2027: |
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| 13 | 13 | | 1.13 (1) an apartment development that includes at least 20 units; |
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| 14 | 14 | | 1.14 (2) a condominium development that includes at least 40 units; or |
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| 15 | 15 | | 1.15 (3) a townhome development that includes at least 40 units. |
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| 16 | 16 | | 1.16 (b) The tax must be imposed and collected as if the rate under Minnesota Statutes, section |
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| 17 | 17 | | 1.17297A.62, subdivisions 1 and 1a, applied and then refunded in the same manner provided |
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| 18 | 18 | | 1.18for projects under Minnesota Statutes, section 297A.75, subdivision 1, clause (17). |
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| 19 | 19 | | 1.19 Subd. 2.Appropriation.The amount required to pay the refunds under subdivision 1 |
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| 20 | 20 | | 1.20is appropriated from the general fund to the commissioner of revenue. |
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| 21 | 21 | | 1.21 EFFECTIVE DATE.This section is effective for sales and purchases made after June |
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| 22 | 22 | | 1.2230, 2025, and before July 1, 2027. |
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| 23 | 23 | | 1Section 1. |
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| 24 | 24 | | REVISOR EAP/RC 25-0109912/17/24 |
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| 25 | 25 | | State of Minnesota |
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| 26 | 26 | | This Document can be made available |
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| 27 | 27 | | in alternative formats upon request |
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| 28 | 28 | | HOUSE OF REPRESENTATIVES |
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| 29 | 29 | | H. F. No. 442 |
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| 30 | 30 | | NINETY-FOURTH SESSION |
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| 31 | 31 | | Authored by Kozlowski; Johnson, P., and Skraba02/13/2025 |
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| 32 | 32 | | The bill was read for the first time and referred to the Committee on Taxes |
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