HF1227 (Legislative Session 94 (2025-2026))
Lakeville; refundable sales and use tax exemption provided for construction materials.
Related bill: SF1868
AI Generated Summary
This bill proposes a refundable sales and use tax exemption for construction materials, supplies, and equipment used in building or upgrading a public safety training facility in the city of Lakeville, Minnesota.
Key Provisions:
Tax Exemption and Refund Process:
- Materials, supplies, and equipment purchased for the specified construction project between March 1, 2025, and August 31, 2026, will be exempt from sales and use taxes.
- The tax will initially be collected at the usual rate and then refunded in accordance with Minnesota Statutes Section 297A.75, Subdivision 1, Clause 17.
- Refunds for eligible purchases will not be issued before June 30, 2025.
Appropriation:
- The necessary funds for these refunds will be appropriated from the general fund to the commissioner of revenue.
This bill aims to reduce costs associated with constructing a public safety training facility in Lakeville by providing tax relief on necessary construction materials.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| February 20, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references tax rates under section 297A.62 for sales and use tax.",
"modified": []
},
"citation": "297A.62",
"subdivision": "subdivisions 1 and 1a"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "This bill references procedures for refunds under section 297A.75.",
"modified": [
"Specifies refund conditions for construction materials used in a public safety facility."
]
},
"citation": "297A.75",
"subdivision": "subdivision 1"
}
]Progress through the legislative process
In Committee