HF 1710

as introduced - 94th Legislature (2025 - 2026) Posted on 02/27/2025 03:16pm

A bill for an act
relating to taxation; sales and use; providing a refundable exemption for
construction materials for certain projects in the city of Fairmont.

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

Section 1. new text begin CITY OF FAIRMONT; 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, reconstruction, upgrade, expansion, renovation,
or remodeling of a UV/biosolids project in the city of Fairmont are exempt from sales and
use tax under Minnesota Statutes, chapter 297A, provided that the materials, supplies, and
equipment are purchased after September 11, 2024, and before January 11, 2027.
new text end

new text begin (b) Materials and supplies used or consumed in and equipment incorporated into the
construction, reconstruction, upgrade, expansion, renovation, or remodeling of a storage
tank project in the city of Fairmont are exempt from sales and use tax under Minnesota
Statutes, chapter 297A, provided that the materials, supplies, and equipment are purchased
after January 1, 2025, and before June 2, 2026.
new text end

new text begin (c) Materials and supplies used or consumed in and equipment incorporated into the
construction, reconstruction, upgrade, expansion, renovation, or remodeling of a public
works building in the city of Fairmont are exempt from sales and use tax under Minnesota
Statutes, chapter 297A, provided that the materials, supplies, and equipment are purchased
after May 31, 2021, and before March 8, 2024.
new text end

new text begin (d) 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). Refunds
for eligible purchases must not be issued until after June 30, 2025.
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,
paragraphs (a) to (c) 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 (a) Subdivision 1, paragraph (a), is effective retroactively for
sales and purchases made after September 11, 2024, and before January 11, 2027.
new text end

new text begin (b) Subdivision 1, paragraph (b), is effective retroactively for sales and purchases made
after January 1, 2025, and before June 2, 2026.
new text end

new text begin (c) Subdivision 1, paragraph (c), is effective retroactively for sales and purchases made
after May 31, 2021, and before March 8, 2024.
new text end