HF2132 (Legislative Session 94 (2025-2026))
Monticello; refundable sales and use tax exemption provided for construction materials for a water treatment facility.
Related bill: SF3016
AI Generated Summary
This bill proposes a sales and use tax exemption for construction materials used in building a water treatment facility in Monticello, Minnesota. The exemption applies to materials, supplies, and equipment used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of the facility, including related water utility infrastructure. The exemption applies to purchases made between August 31, 2025, and January 1, 2030.
The tax will still be collected initially but later refunded, following the refund process outlined in Minnesota Statutes, section 297A.75. However, only the governmental entity that owns or contracts for the project can apply for the refund.
Additionally, the bill appropriates funds from the general fund to the commissioner of revenue to cover the cost of the refunds.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 09, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
| March 09, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"Specifies the application of specific tax rates to construction materials."
],
"removed": [],
"summary": "This section of the bill refers to the imposition and collection of sales taxes under section 297A.62 for construction materials used in Monticello.",
"modified": []
},
"citation": "297A.62",
"subdivision": "subdivisions 1 and 1a"
},
{
"analysis": {
"added": [
"Allows governmental entities to claim tax refunds under the specified conditions."
],
"removed": [],
"summary": "This part details the process for refunding sales taxes under section 297A.75 for governmental entities.",
"modified": []
},
"citation": "297A.75",
"subdivision": ""
}
]