HF209

Fairmont; refundable sales and use tax exemption provided for construction materials.
False House Legislative Session 94 (2025-2026)Past session

Related bill: SF220

AI Generated Summary

This Minnesota legislative bill outlines a tax exemption for specific construction projects in the city of Fairmont. The bill specifies that materials, supplies, and equipment used in the construction or renovation of three specific types of projects—the UV-biosolids project, a storage tank project, and a public works building—will be exempt from the state's sales and use tax if purchased within designated time frames for each project.

  1. For the UV-biosolids project, the exemption applies to purchases made from September 11, 2024, to January 11, 2027.
  2. For the storage tank project, the exemption applies to purchases made from January 1, 2025, to June 2, 2026.
  3. For the public works building, the exemption applies to purchases made from May 31, 2021, to March 8, 2024.

The bill also details that the tax will initially be collected and then refunded in a specified manner, with refund eligibility being determined after June 30, 2025. The necessary funds to cover these tax refunds will be provided from the state’s general fund to the revenue commissioner.

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Bill information comes from public records published by the Office of the Revisor of Statutes, the Minnesota House and the Minnesota Senate. AI summaries are written by MinneSlate and are not official. MinneSlate is independent and is not affiliated with the State of Minnesota or the Minnesota Legislature.

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