HF 513

as introduced - 94th Legislature (2025 - 2026) Posted on 02/13/2025 02:43pm

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 Plymouth.

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

Section 1. new text begin CITY OF PLYMOUTH; 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 the following projects relating to the City Center revitalization project in
the city of Plymouth are exempt from sales and use tax under Minnesota Statutes, chapter
297A, provided that the materials, supplies, and equipment are purchased after December
31, 2023, and before July 1, 2028:
new text end

new text begin (1) construction of a public parking ramp;
new text end

new text begin (2) renovation of Plymouth Boulevard;
new text end

new text begin (3) expansion of the Plymouth Ice Center;
new text end

new text begin (4) construction of regional stormwater ponding;
new text end

new text begin (5) roadway realignment; and
new text end

new text begin (6) expansion of the Plymouth Community Center.
new text end

new text begin (b) Materials and supplies used or consumed in and equipment incorporated into the
renovation of the Zachary Water Treatment Plant and the renovation of Meadows Playfield
in the city of Plymouth are exempt from sales and use tax under Minnesota Statutes, chapter
297A, provided that the materials, supplies, and equipment are purchased after December
31, 2023, and before July 1, 2028.
new text end

new text begin (c) 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
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 December 31, 2023, and before July 1, 2028.
new text end