Exempts sales and use tax for construction materials used in specific housing projects in St. Louis County.

The bill provides a refundable exemption from sales and use tax for materials and supplies used in certain housing development projects in St. Louis County. This exemption applies to apartment developments with at least 20 units and condominium developments with at least 40 units. The tax exemption is effective for purchases made between June 30, 2025, and July 1, 2027. The refunds for these exemptions are funded through an appropriation from the general fund.

Exempts sales and use tax for construction materials used in specific housing projects in St. Louis County.

The bill provides a refundable exemption from sales and use tax for materials and supplies used in certain housing development projects in St. Louis County. This exemption applies to apartment developments with at least 20 units and condominium developments with at least 40 units. The tax exemption is effective for purchases made between June 30, 2025, and July 1, 2027. The refunds for these exemptions are funded through an appropriation from the general fund.