Minnesota HF3501 creates a refundable sales and use tax exemption for items and services used to repair property damage caused by natural disasters.

Minnesota HF3501 amends state statutes to create a refundable sales and use tax exemption for specific items and services purchased to repair property damage caused by natural disasters. The eligible items include building materials, equipment, and supplies for various facilities such as agricultural processing facilities, correctional facilities, and sustainable aviation fuel facilities. The exemption applies if a natural disaster is declared and the purchase is made within two years of the disaster declaration.

Minnesota HF3501 creates a refundable sales and use tax exemption for items and services used to repair property damage caused by natural disasters.

Minnesota HF3501 amends state statutes to create a refundable sales and use tax exemption for specific items and services purchased to repair property damage caused by natural disasters. The eligible items include building materials, equipment, and supplies for various facilities such as agricultural processing facilities, correctional facilities, and sustainable aviation fuel facilities. The exemption applies if a natural disaster is declared and the purchase is made within two years of the disaster declaration.