SF48 (Legislative Session 94 (2025-2026))
Refundable exemption provision for construction materials used in certain projects in the Russell Tyler Ruthton Independent School District
Related bill: HF873
AI Generated Summary
The bill SF No 48 proposes to exempt construction materials used in building and upgrading facilities within the Russell Tyler Ruthton Independent School District from Minnesota sales and use taxes. This tax break applies specifically to materials, supplies, and equipment bought between January 1, 2020, and December 31, 2023, and used in the construction of pre-K to grade 12 school buildings and athletic fields. The taxes paid on these materials will still be collected, but they will then be refunded under the same procedures used for other similar projects. Claims for refunds can be filed until January 1, 2026, for purchases made between the specified dates. The necessary funds to cover these refunds will come from the state's general fund.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 15, 2025 | House | Floor | Action | Introduction and first reading | |
| January 15, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 15, 2025 | House | Floor | Action | Referred to | Taxes |
| January 15, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [
"No new provisions; only tax rate reference."
],
"removed": [
""
],
"summary": "The bill references the existing sales tax rate for materials under section 297A.62, subdivisions 1 and 1a.",
"modified": [
""
]
},
"citation": "297A.62",
"subdivision": "subdivisions 1 and 1a"
},
{
"analysis": {
"added": [
"No new provisions; only refund process reference."
],
"removed": [
""
],
"summary": "The bill uses existing refund handling procedures for construction projects stated in section 297A.75, subdivision 1.",
"modified": [
""
]
},
"citation": "297A.75",
"subdivision": "subdivision 1"
},
{
"analysis": {
"added": [
"Allows extended period to file refunds for certain purchases."
],
"removed": [
""
],
"summary": "The bill provides an exception to claim for refunds timing under section 289A.40.",
"modified": [
""
]
},
"citation": "289A.40",
"subdivision": ""
}
]