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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:

  1. 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.

  2. 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

Actions

DateChamberWhereTypeNameCommittee Name
February 19, 2025HouseFloorActionIntroduction and first reading, referred toTaxes
February 19, 2025HouseFloorActionIntroduction and first reading, referred toTaxes

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"
  }
]

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