| 1 | 1 | | 1.1 A bill for an act |
|---|
| 2 | 2 | | 1.2 relating to taxation; sales and use; providing a refundable exemption for |
|---|
| 3 | 3 | | 1.3 construction projects in Independent School District No. 186, Pequot Lakes. |
|---|
| 4 | 4 | | 1.4BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: |
|---|
| 5 | 5 | | 1.5 Section 1. INDEPENDENT SCHOOL DISTRICT NO. 186, PEQUOT LAKES; |
|---|
| 6 | 6 | | 1.6SALES 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, reconstruction, upgrade, expansion, renovation, |
|---|
| 9 | 9 | | 1.9or remodeling relating to the following projects in Independent School District No. 186, |
|---|
| 10 | 10 | | 1.10Pequot Lakes, are exempt from sales and use tax under Minnesota Statutes, chapter 297A, |
|---|
| 11 | 11 | | 1.11provided that the materials, supplies, and equipment are purchased after December 31, 2025, |
|---|
| 12 | 12 | | 1.12and before January 1, 2037: |
|---|
| 13 | 13 | | 1.13 (1) an addition and improvements to Eagle View Elementary School; |
|---|
| 14 | 14 | | 1.14 (2) an addition and improvements to Pequot Lakes Middle School; |
|---|
| 15 | 15 | | 1.15 (3) an addition and improvements to Pequot Lakes High School; and |
|---|
| 16 | 16 | | 1.16 (4) improvements to outdoor facilities. |
|---|
| 17 | 17 | | 1.17 (b) The tax must be imposed and collected as if the rate under Minnesota Statutes, section |
|---|
| 18 | 18 | | 1.18297A.62, subdivisions 1 and 1a, applied and then refunded in the same manner provided |
|---|
| 19 | 19 | | 1.19for projects under Minnesota Statutes, section 297A.75, except that the applicant must be |
|---|
| 20 | 20 | | 1.20the governmental entity that owns or contracts for the project. |
|---|
| 21 | 21 | | 1Section 1. |
|---|
| 22 | 22 | | 25-05077 as introduced03/20/25 REVISOR EAP/RC |
|---|
| 23 | 23 | | SENATE |
|---|
| 24 | 24 | | STATE OF MINNESOTA |
|---|
| 25 | 25 | | S.F. No. 3114NINETY-FOURTH SESSION |
|---|
| 26 | 26 | | (SENATE AUTHORS: UTKE) |
|---|
| 27 | 27 | | OFFICIAL STATUSD-PGDATE |
|---|
| 28 | 28 | | Introduction and first reading04/01/2025 |
|---|
| 29 | 29 | | Referred to Taxes 2.1 Subd. 2.Appropriation.The amount required to pay the refunds under subdivision 1 |
|---|
| 30 | 30 | | 2.2is appropriated from the general fund to the commissioner of revenue. |
|---|
| 31 | 31 | | 2.3 EFFECTIVE DATE.This section is effective for sales and purchases made after |
|---|
| 32 | 32 | | 2.4December 31, 2025, and before January 1, 2037. |
|---|
| 33 | 33 | | 2Section 1. |
|---|
| 34 | 34 | | 25-05077 as introduced03/20/25 REVISOR EAP/RC |
|---|