as introduced - 93rd Legislature (2023 - 2024) Posted on 03/31/2023 08:24am
A bill for an act
relating to taxation; sales and use; providing an exemption for construction materials
for a sports and recreation complex in the city of Rochester; appropriating money.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
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(a) Materials and supplies used in and equipment
incorporated into the construction of a sports and recreation complex 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 June 30, 2023, and before July 1,
2028.
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(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).
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The amount required to pay the refunds under subdivision 1
is appropriated from the general fund to the commissioner of revenue.
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This section is effective for sales and purchases made after June
30, 2023, and before July 1, 2028.
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