HF 4381

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/04/2024 04:41pm

A bill for an act
relating to taxation; sales and use; providing a refundable exemption for
construction materials for certain projects in the Cass Lake-Bena Independent
School District.

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

Section 1. new text begin CASS LAKE-BENA INDEPENDENT SCHOOL DISTRICT;
REFUNDABLE SALES AND USE TAX EXEMPTION FOR CONSTRUCTION
MATERIALS.
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 or consumed in and
equipment incorporated into the construction and equipping of a new elementary school,
and the construction of improvements to repurpose and remodel the existing elementary
school facility for use as an early childhood and preschool site, alternative learning center,
and district service center in Independent School District No. 115, Cass Lake-Bena, are
exempt from sales and use tax imposed under Minnesota Statutes, chapter 297A, if materials,
supplies, and equipment are purchased after ....., and before ......
new text end

new text begin (b) The tax must be imposed and collected as if the rate under Minnesota Statutes, section
297A.62, subdivision 1, 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 the day following final enactment.
new text end