SF972

SF972 (Legislative Session 94 (2025-2026))

Construction materials used in Itasca County refundable sales and use tax exemption authorization

Related bill: HF353

AI Generated Summary

The legislative bill S.F. No. 972 proposes to exempt certain construction materials from sales and use taxes. These materials are to be used in construction projects like rebuilding, expanding, or renovating the Itasca County government center. The tax exemption applies to purchases made between April 30, 2021, and January 1, 2025. Although the tax will initially be collected, it will be refunded later. Claims for refunds can be made until January 1, 2026, but no refunds will be issued before July 1, 2025. The necessary funds for these refunds will come from the state's general fund.

Bill text versions

Introduction PDF file

Actions

Date	Chamber	Where	Type	Name	Committee Name
February 02, 2025	House	Floor	Action	Introduction and first reading
February 02, 2025	Senate	Floor	Action	Introduction and first reading
February 02, 2025	House	Floor	Action	Referred to	Taxes
February 02, 2025	Senate	Floor	Action	Referred to	Taxes
March 23, 2025	Senate	Floor	Action	Author stricken

Citations

[
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This provision relates to the state sales tax rate applied to certain items.",
      "modified": []
    },
    "citation": "297A.62",
    "subdivision": "subdivisions 1 and 1a"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section pertains to how refunds are processed for certain construction materials.",
      "modified": []
    },
    "citation": "297A.75",
    "subdivision": "subdivision 1 clause 17"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section describes the time frame in which certain tax refund claims can be filed.",
      "modified": []
    },
    "citation": "289A.40",
    "subdivision": "subdivision 1"
  }
]