SF344

SF344 (Legislative Session 94 (2025-2026))

Chanhassen sales and use tax exemption for construction materials authorization

Related bill: HF2206

AI Generated Summary

The bill, SF No 344, proposes a tax exemption for materials used in building or renovating the Chanhassen Bluffs Sports Complex in Chanhassen, Minnesota. Specifically, if contractors purchase construction materials, supplies, and equipment between October 31, 2025, and September 1, 2027, these items will be exempt from the standard sales and use tax. Initially, taxes will be collected as usual when the materials are bought, but those taxes will then be refunded. The money needed to cover these refunds will come from the state’s general fund and be managed by the commissioner of revenue. This exemption is aimed at reducing the financial burden of the sports complex project and encouraging development in Chanhassen.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
January 20, 2025	House	Floor	Action	Introduction and first reading
January 20, 2025	Senate	Floor	Action	Introduction and first reading
January 20, 2025	House	Floor	Action	Referred to	Taxes
January 20, 2025	Senate	Floor	Action	Referred to	Taxes

Citations

[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This bill references the tax rate applicable under section 297A.62.",
      "modified": []
    },
    "citation": "297A.62",
    "subdivision": "subdivisions 1 and 1a"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill uses the refund process outlined in section 297A.75.",
      "modified": []
    },
    "citation": "297A.75",
    "subdivision": "subdivision 1 clause 17"
  }
]