Sales and use tax; exempt materials used in construction of capital outlay projects for educational purposes; provisions

Added requirement that the exemption only applies to local school systems that have in effect a homestead exemption from property taxation for all residents.

New definitions were added for 'capital outlay project for educational purposes', 'local sales and use taxes', and 'qualifying construction materials' to clarify what is covered.

Added specific procedures for claiming the exemption, including filing a refund request with the department and allocating refunds to a designated fund.

Added an automatic repeal provision that will end the exemption on December 31, 2033.

Narrowed the scope to apply only to local sales and use taxes rather than all sales and use taxes, and limited to areas consisting of less than the entire state.