HF 349

as introduced - 94th Legislature (2025 - 2026) Posted on 02/13/2025 02:41pm

A bill for an act
relating to taxation; sales and use; providing a refundable exemption for
construction materials for a water reclamation plant in the city of Rochester.

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

Section 1. new text begin CITY OF ROCHESTER; SALES TAX EXEMPTION FOR
CONSTRUCTION MATERIALS FOR WATER RECLAMATION PLANT.
new text end

new text begin Subdivision 1. new text end

new text begin Exemption; refund. new text end

new text begin (a) Materials and supplies used in and equipment
incorporated into the construction, reconstruction, upgrade, expansion, renovation, or
remodeling of a water reclamation plant in the city of Rochester are exempt from sales and
use tax imposed under Minnesota Statutes, chapter 297A, if materials, supplies, and
equipment are purchased after August 31, 2024, and before June 1, 2026.
new text end

new text begin (b) The tax must be imposed and collected as if the rate under Minnesota Statutes, section
297A.62, subdivisions 1 and 1a, applied and then refunded in the same manner provided
for projects under Minnesota Statutes, section 297A.75, subdivision 1, clause (17).
new text end

new text begin Subd. 2. new text end

new text begin Appropriation. new text end

new text begin The amount required to pay the refunds under subdivision 1
is appropriated from the general fund 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 sales and purchases
made after August 31, 2024, and before June 1, 2026.
new text end