SF782 (Legislative Session 94 (2025-2026))
Olmsted County refundable exemption provision for certain construction materials for a regional exhibition center
Related bill: HF156
AI Generated Summary
Senate File No. 782 is a proposed law that aims to support the construction of a regional exhibition center at Graham Park in Olmsted County, Minnesota. If passed, it would allow certain materials, supplies, and equipment used for building or improving the exhibition center to be exempt from sales and use tax. This exemption would apply to purchases made between January 1, 2025, and December 31, 2027. The process would involve initially collecting the taxes on these items as normal and then issuing refunds for them. The money needed to provide these refunds would come from the state's general fund.
Bill text versions
- Introduction PDF file
Actions
| Date | Chamber | Where | Type | Name | Committee Name |
|---|---|---|---|---|---|
| January 29, 2025 | House | Floor | Action | Introduction and first reading | |
| January 29, 2025 | Senate | Floor | Action | Introduction and first reading | |
| January 29, 2025 | House | Floor | Action | Referred to | Taxes |
| January 29, 2025 | Senate | Floor | Action | Referred to | Taxes |
Citations
[
{
"analysis": {
"added": [],
"removed": [],
"summary": "The bill references the rate at which sales tax must be imposed and collected.",
"modified": []
},
"citation": "297A.62",
"subdivision": "subdivisions 1 and 1a"
},
{
"analysis": {
"added": [],
"removed": [],
"summary": "The bill describes the manner in which refunds for the sales and use tax exemption must be processed.",
"modified": []
},
"citation": "297A.75",
"subdivision": "subdivision 1"
}
]