Exempts sales and use tax for construction materials for a new school building in Round Lake-Brewster.

This bill provides a sales and use tax exemption for materials and supplies used in constructing a three-story school building in the Round Lake-Brewster Independent School District. The exemption applies to purchases made between December 31, 2023, and September 1, 2026. The tax must still be imposed and collected, then refunded. The refunds are funded by an appropriation from the general fund to the commissioner of revenue.

Exempts sales and use tax for construction materials for a new school building in Round Lake-Brewster.

This bill provides a sales and use tax exemption for materials and supplies used in constructing a three-story school building in the Round Lake-Brewster Independent School District. The exemption applies to purchases made between December 31, 2023, and September 1, 2026. The tax must still be imposed and collected, then refunded. The refunds are funded by an appropriation from the general fund to the commissioner of revenue.