HF 1760

as introduced - 94th Legislature (2025 - 2026) Posted on 03/03/2025 02:44pm

A bill for an act
relating to taxation; sales and use; providing an exemption for certain electric
meters and software used in the Rochester Public Utilities Advanced Metering
Infrastructure Project.

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

Section 1. new text begin ROCHESTER PUBLIC UTILITIES; REFUNDABLE SALES AND USE
TAX EXEMPTION FOR ELECTRIC METERS AND SOFTWARE.
new text end

new text begin Subdivision 1. new text end

new text begin Exemption; refund. new text end

new text begin (a) Electric meters, software, and other components
are exempt if used or consumed in the Rochester Public Utilities Advanced Metering
Infrastructure Project and purchased after June 30, 2024, and before March 31, 2029.
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 June 30, 2024, and before March 31, 2029.
new text end