HF 3725

as introduced - 89th Legislature (2015 - 2016) Posted on 03/30/2016 10:55am

A bill for an act
relating to taxation; sales and use; providing a sales tax exemption for a water
treatment facility owned by the city of Elko New Market; providing for a refund;
appropriating money.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1. new text begin MUNICIPALLY OWNED WATER TREATMENT FACILITY; CITY
OF ELKO NEW MARKET.
new text end

new text begin Subdivision 1. new text end

new text begin Exemption. new text end

new text begin Materials and supplies used in and equipment
incorporated into a water treatment facility owned and operated by the city of Elko New
Market are exempt from taxation under Minnesota Statutes, chapter 297A. All purchases
for this facility must be made after July 1, 2016, and before January 1, 2018.
new text end

new text begin Subd. 2. new text end

new text begin Refund. new text end

new text begin The tax on purchases exempt under subdivision 1 must be imposed
and collected as if the rate under Minnesota Statutes, section 297A.62, applied, and then
refunded in the manner provided in Minnesota Statutes, section 297A.75. The applicant
must be the city of Elko New Market. If sales tax has been paid on sales and purchases
exempt under this section prior to the effective date of this section, the city of Elko New
Market may apply directly to the commissioner of revenue for a refund. The application
must be in the form and manner required by the commissioner and provide sufficient
information so the commissioner can verify the amount paid. If the tax was paid by a
contractor, subcontractor, or builder, the contractor, subcontractor, or builder must furnish
to the refund applicant a statement including the cost of the exempt items and the taxes
paid on the items. Interest must be paid on the refund at the rate in Minnesota Statutes,
section 270C.405, from 90 days after the refund claim is filed with the commissioner.
new text end

new text begin Subd. 3. new text end

new text begin Appropriation. new text end

new text begin The amount required to make the refunds under this
section is appropriated to the commissioner of revenue.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective retroactively for purchases made
after June 1, 2014, and before June 1, 2016.
new text end