Minnesota HF456 provides a refundable sales and use tax exemption for construction materials for specific projects in Watertown.

Minnesota HF456 provides a refundable exemption from sales and use tax for construction materials used in specific projects in the city of Watertown. This includes materials for the construction of a new water tower and a wastewater treatment facility. The exemption applies to materials purchased between specific dates. The tax must be imposed and collected and then refunded. The refunds for eligible purchases must not 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.

Minnesota HF456 provides a refundable sales and use tax exemption for construction materials for specific projects in Watertown.

Minnesota HF456 provides a refundable exemption from sales and use tax for construction materials used in specific projects in the city of Watertown. This includes materials for the construction of a new water tower and a wastewater treatment facility. The exemption applies to materials purchased between specific dates. The tax must be imposed and collected and then refunded. The refunds for eligible purchases must not 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.