Exempts sales and use tax on materials and equipment for new residential housing construction.

The bill amends Minnesota Statutes to exempt sales and use tax on materials and equipment used in the construction of new residential housing. The tax is imposed and collected as if the sale were taxable, then refunded. This exemption applies to sales and purchases made after June 30, 2025.

Exempts sales and use tax on materials and equipment for new residential housing construction.

The bill amends Minnesota Statutes to exempt sales and use tax on materials and equipment used in the construction of new residential housing. The tax is imposed and collected as if the sale were taxable, then refunded. This exemption applies to sales and purchases made after June 30, 2025.