Exempts construction materials for Fred Richards Park and Braemar Park in Edina from sales and use tax.

This bill exempts sales and use tax for materials and supplies used in the construction, renovation, or remodeling of Fred Richards Park and Braemar Park in Edina. The exemption applies to purchases made between December 31, 2023, and January 1, 2030. The tax must be imposed and collected as if the standard rate applied, then refunded. Refunds for eligible purchases cannot be issued until after June 30, 2025. The amount required to pay the refunds is appropriated from the general fund to the commissioner of revenue.

Exempts construction materials for Fred Richards Park and Braemar Park in Edina from sales and use tax.

This bill exempts sales and use tax for materials and supplies used in the construction, renovation, or remodeling of Fred Richards Park and Braemar Park in Edina. The exemption applies to purchases made between December 31, 2023, and January 1, 2030. The tax must be imposed and collected as if the standard rate applied, then refunded. Refunds for eligible purchases cannot be issued until after June 30, 2025. The amount required to pay the refunds is appropriated from the general fund to the commissioner of revenue.