SF2378 (Legislative Session 94 (2025-2026))
Albert Lea city projects construction materials refundable sales and use tax exemption establishment
Related bill: HF2153
AI Generated Summary
This bill, S.F. No. 2378, proposes a sales and use tax exemption for construction materials, supplies, and equipment used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of ice rinks in the city of Albert Lea, Minnesota.
Key Provisions:
Tax Exemption:
- Applies to materials, supplies, and equipment incorporated into ice rink projects in Albert Lea.
- Purchases must be made between April 9, 2024, and January 1, 2027.
- Applies to materials, supplies, and equipment incorporated into ice rink projects in Albert Lea.
Refund Process:
- The standard sales and use tax will still apply at the time of purchase.
- The tax will later be refunded following the process outlined in Minnesota Statutes, section 297A.75, subdivision 1, clause 17.
- Refunds will only be issued after June 30, 2024.
- The standard sales and use tax will still apply at the time of purchase.
Funding Appropriation:
- Necessary funds to cover these refunds will be appropriated from the general fund to the commissioner of revenue.
- Necessary funds to cover these refunds will be appropriated from the general fund to the commissioner of revenue.
Purpose:
This bill aims to reduce the financial burden of ice rink construction and renovation projects in Albert Lea by offsetting sales and use tax costs through refunds.
Bill text versions
- Introduction PDF file
Past committee meetings
- Taxes on: March 26, 2025 09:00
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| March 10, 2025 | Senate | Floor | Action | Introduction and first reading | |
| March 10, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"Specifies that exemptions for construction materials apply the existing sales tax rate before refund."
],
"removed": [],
"summary": "This bill refers to the application of sales tax rates as specified in section 297A.62, subdivisions 1 and 1a.",
"modified": []
},
"citation": "297A.62",
"subdivision": "subdivisions 1 and 1a"
},
{
"analysis": {
"added": [
"Includes construction projects in Albert Lea under eligible refund projects."
],
"removed": [],
"summary": "This legislation references the process for refunding sales tax for certain projects as detailed in section 297A.75, subdivision 1, clause 17.",
"modified": []
},
"citation": "297A.75",
"subdivision": "subdivision 1"
}
]Progress through the legislative process
In Committee