HF 1206

as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; exempting sales of construction 
  1.3             materials and supplies for a state convention center 
  1.4             from the sales and use tax; amending Minnesota 
  1.5             Statutes 1994, section 297A.25, by adding a 
  1.6             subdivision. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Minnesota Statutes 1994, section 297A.25, is 
  1.9   amended by adding a subdivision to read: 
  1.10     Subd. 60.  [CONSTRUCTION MATERIALS; STATE CONVENTION 
  1.11  CENTER.] Construction materials and supplies are exempt from the 
  1.12  tax imposed under this chapter, regardless of whether purchased 
  1.13  by the owner or a contractor, subcontractor, or builder, if: 
  1.14     (1) the materials and supplies are used or consumed in 
  1.15  constructing improvements to a state convention center located 
  1.16  in a city located outside of the metropolitan area as defined in 
  1.17  section 473.121, subdivision 2, and the center is governed by an 
  1.18  11-person board of which four are appointed by the governor; and 
  1.19     (2) the improvements are financed in whole or in part by 
  1.20  nonstate resources including, but not limited to, revenue or 
  1.21  general obligations issued by the state convention center board 
  1.22  of the city in which the center is located. 
  1.23     The exemption provided by this subdivision applies to 
  1.24  construction materials and supplies purchased prior to December 
  1.25  31, 1998.