WeVote
Log In

Bill

Bill

SF 2014

Cottonwood County refundable exemption provision for construction materials for certain projects

2025-2026 Regular Session Introduced by Bill Weber

Creates a refundable Minnesota sales/use tax exemption for construction materials used in qualifying Cottonwood County projects, with a refund process for eligible purchasers.

Referred to Taxes
#counties-specific #taxation #taxation-salesanduse
0
WeVote Research Nonpartisan
Bill Summary · SF 2014

Summary of SF 2014 — Cottonwood County refundable exemption provision for construction materials for certain projects

Overview

SF 2014 is a Minnesota Senate bill introduced on February 27, 2025, titled “Cottonwood County refundable exemption provision for construction materials for certain projects.” The bill is currently referred to the Taxes committee. A companion House bill is HF 1924.

Purpose and intent

  • The bill would create a refundable exemption from Minnesota sales and use taxes for construction materials used in qualifying projects located in Cottonwood County.
  • The mechanism is described as a refundable exemption, meaning that eligible purchasers would be able to obtain a refund of taxes paid on eligible materials rather than receiving an immediate exemption at the point of sale.

Key provisions (as anticipated by the bill’s title)

  • Eligibility criteria: The bill would define which projects qualify (e.g., types of projects, location within Cottonwood County, project size or purpose). Exact definitions would be specified in the text.
  • Materials covered: The exemption would apply to construction materials used for the qualifying projects. The list or categories of materials would be defined in the bill.
  • Refund mechanism: The bill would establish the process to claim a refund (timing, documentation, and any filing requirements). It may specify application windows or deadlines and potential caps or limits.
  • Administration and compliance: Provisions would describe which state or local agencies administer the refund, how refunds are processed, and what records must be kept by applicants and suppliers.
  • Relationship to existing law: The bill would specify how this Cottonwood County exemption interacts with current state sales/use tax law and any other exemptions or credits.
  • Sunset or renewal (potential): The bill could include a sunset date or require periodic review, but this would be detailed in the text.

Affected parties

  • Builders, developers, and contractors undertaking eligible projects in Cottonwood County.
  • Construction material suppliers and vendors in the county.
  • Local government entities in Cottonwood County involved in approved projects.
  • State Department of Revenue (or relevant state tax authority) in administering refunds.

Procedural and timeline aspects

  • Introduced and referred to Taxes on February 27, 2025.
  • Companion bill HF 1924 exists in the House.
  • Next steps likely include committee hearings, potential amendments, and consideration by the full Senate (and House) before any movement toward a vote.

Notes

  • The summary reflects the bill’s title and status; the substantive details (definitions, eligible projects, refund procedures) will be specified in the full bill text.

Compiled from official sources — confirm details with the bill’s official record.

Sign in to ask a question.