| 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 certain |
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| 3 | 3 | | 1.3 construction materials for a Benton County government center. |
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| 4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
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| 5 | 5 | | 1.5 Section 1. BENTON COUNTY; SALES TAX EXEMPTION FOR CONSTRUCTION |
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| 6 | 6 | | 1.6MATERIALS. |
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| 7 | 7 | | 1.7 Subdivision 1.Exemption; refund.(a) Materials and supplies used in and equipment |
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| 8 | 8 | | 1.8incorporated into the construction of a county government center in the city of Foley in |
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| 9 | 9 | | 1.9Benton County are exempt from sales and use tax imposed under Minnesota Statutes, chapter |
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| 10 | 10 | | 1.10297A, if materials, supplies, and equipment are purchased after March 31, 2025, and before |
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| 11 | 11 | | 1.11January 1, 2030. |
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| 12 | 12 | | 1.12 (b) The tax must be imposed and collected as if the rate under Minnesota Statutes, section |
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| 13 | 13 | | 1.13297A.62, subdivision 1, applied, and then refunded in the same manner provided for projects |
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| 14 | 14 | | 1.14under Minnesota Statutes, section 297A.75, subdivision 1, clause (17). Refunds for eligible |
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| 15 | 15 | | 1.15purchases must not be issued until after June 30, 2025. |
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| 16 | 16 | | 1.16 Subd. 2.Appropriation.The amount required to pay the refunds under subdivision 1 |
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| 17 | 17 | | 1.17is appropriated from the general fund to the commissioner of revenue. |
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| 18 | 18 | | 1.18 EFFECTIVE DATE.This section is effective retroactively for sales and purchases |
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| 19 | 19 | | 1.19made after March 31, 2025, and before January 1, 2030. |
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| 20 | 20 | | 1Section 1. |
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| 21 | 21 | | 25-00580 as introduced12/04/24 REVISOR EAP/AD |
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| 22 | 22 | | SENATE |
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| 23 | 23 | | STATE OF MINNESOTA |
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| 24 | 24 | | S.F. No. 1306NINETY-FOURTH SESSION |
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| 25 | 25 | | (SENATE AUTHORS: HOWE and Putnam) |
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| 26 | 26 | | OFFICIAL STATUSD-PGDATE |
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| 27 | 27 | | Introduction and first reading02/13/2025 |
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| 28 | 28 | | Referred to Taxes |
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