SF515 (Legislative Session 94 (2025-2026))
Refundable exemption provision for construction materials used in Duluth International Airport and Sky Harbor Airport projects
AI Generated Summary
The bill, designated as SF No. 515, proposes a tax exemption aimed at supporting construction projects at Duluth International Airport and Sky Harbor Airport. Specifically, it allows for a refund on sales and use taxes for materials, supplies, and equipment used in the construction, reconstruction, upgrading, expansion, renovation, or remodeling of specific projects at these airports between June 1, 2023, and January 1, 2028.
The projects covered by this exemption include: 1. A new air traffic control tower at Duluth International Airport. 2. Two general aviation hangars at Duluth International Airport. 3. A new terminal at Sky Harbor Airport.
The bill stipulates that taxes on these materials will initially be collected as usual but will be eligible for a refund starting January 1, 2028. Applications for these refunds can be submitted until June 30, 2028. The funds needed to pay these refunds will come from the state's general fund and will be managed by the commissioner of revenue.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 22, 2025 | House | Floor | Action | Introduction and first reading | |
| January 22, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 22, 2025 | House | Floor | Action | Referred to | Taxes |
| January 22, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "References the sales and use tax rate under section 297A.62 for Duluth and Sky Harbor Airports' construction projects.",
"modified": [
"Temporary exemption applies and rate refunds post-construction."
]
},
"citation": "297A.62",
"subdivision": "subdivisions 1 and 1a"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Applies the refund procedure provided in section 297A.75 for certain construction projects.",
"modified": [
"Refund process extended for eligible purchases after project completion."
]
},
"citation": "297A.75",
"subdivision": "subdivision 1 clause 17"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "Cites refund application timeline under section 289A.50 for tax refund applications.",
"modified": [
"Extends application timeline through June 30, 2028."
]
},
"citation": "289A.50",
"subdivision": "subdivision 2"
}
]