Exempts construction materials for Redwood Valley Elementary from sales and use tax if purchased between March 11, 2024, and September 9, 2026.

The bill provides a refundable exemption from sales and use tax for materials and supplies used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of Redwood Valley Elementary in Redwood Independent School District No. 2897, Redwood Falls. The exemption applies to purchases made after March 11, 2024, and before September 9, 2026. The tax must be imposed and collected as if the applicable rate applied, then refunded. The refunds are paid from the general fund to the commissioner of revenue.

Exempts construction materials for Redwood Valley Elementary from sales and use tax if purchased between March 11, 2024, and September 9, 2026.

The bill provides a refundable exemption from sales and use tax for materials and supplies used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of Redwood Valley Elementary in Redwood Independent School District No. 2897, Redwood Falls. The exemption applies to purchases made after March 11, 2024, and before September 9, 2026. The tax must be imposed and collected as if the applicable rate applied, then refunded. The refunds are paid from the general fund to the commissioner of revenue.