Exempts sales and use tax for construction materials used in specific projects in Independent School District No. 186, Pequot Lakes.

The bill provides a refundable exemption from sales and use tax for materials and supplies used in construction projects in Independent School District No. 186, Pequot Lakes. This exemption applies to projects including an addition and improvements to Eagle View Elementary School, Pequot Lakes Middle School, and Pequot Lakes High School, as well as improvements to outdoor facilities. The exemption is effective for purchases made between December 31, 2025, and January 1, 2037. The tax must be imposed and collected as if the standard rate applied, then refunded.

Exempts sales and use tax for construction materials used in specific projects in Independent School District No. 186, Pequot Lakes.

The bill provides a refundable exemption from sales and use tax for materials and supplies used in construction projects in Independent School District No. 186, Pequot Lakes. This exemption applies to projects including an addition and improvements to Eagle View Elementary School, Pequot Lakes Middle School, and Pequot Lakes High School, as well as improvements to outdoor facilities. The exemption is effective for purchases made between December 31, 2025, and January 1, 2037. The tax must be imposed and collected as if the standard rate applied, then refunded.