Fairmont; refundable sales and use tax exemption provided for construction materials.

HF 1710 provides refundable sales and use tax exemptions for construction materials used in specific projects within Fairmont, Minnesota. It covers materials for UV/biosolids projects (purchased Sept 2024-Jan 2027), storage tank projects (Jan 2025-June 2026), and public works buildings (May 2021-Mar 2024), with retroactive application for some periods. Purchasers pay tax upfront but receive refunds through the state’s general fund, administered by the commissioner of revenue. The bill directly affects contractors and businesses buying materials for these Fairmont projects during the specified timeframes.