HF2153 (Legislative Session 94 (2025-2026))
Albert Lea construction materials sales and use tax exemption provided.
Related bill: SF2378
AI Generated Summary
This Minnesota House bill proposes a sales and use tax exemption for construction materials, supplies, and equipment used for the construction, reconstruction, upgrade, expansion, renovation, or remodeling of ice rinks in the city of Albert Lea.
Key Provisions:
- The tax exemption applies to materials, supplies, and equipment purchased between April 9, 2024, and January 1, 2027.
- The tax must still be collected at the usual rate but will be refunded to eligible purchasers after June 30, 2024.
- The necessary funds to pay these refunds will come from the Minnesota general fund, as appropriated to the Commissioner of Revenue.
This bill is intended to support ice rink projects in Albert Lea by reducing the tax burden on construction materials used in these efforts.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 11, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
| March 11, 2025 | House | Floor | Action | Introduction and first reading, referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"Provides refundable exemption for specific projects in Albert Lea."
],
"removed": [
""
],
"summary": "This bill references the sales and use tax rate applied to certain materials and equipment.",
"modified": [
"Establishes a temporary exemption period from April 9, 2024, to January 1, 2027."
]
},
"citation": "297A.62",
"subdivision": "subdivisions 1 and 1a"
},
{
"analysis": {
"added": [
"Establishes refund mechanism for construction materials used in specified projects."
],
"removed": [
""
],
"summary": "This bill references the process for refunding sales tax on qualifying projects.",
"modified": [
""
]
},
"citation": "297A.75",
"subdivision": "subdivision 1"
}
]