Monticello refundable exemption provision for construction materials for construction of a water treatment facility

SF 3016 provides a refundable sales tax exemption for construction materials used in building a new water treatment facility in Monticello, Minnesota. The city of Monticello, as the owner of the project, can pay sales tax on qualifying materials and then receive a refund under the same process used for other eligible projects. This exemption applies to materials purchased between September 1, 2025, and December 31, 2029, covering the facility and related water utility infrastructure. The bill directs the state to fund these refunds from the general revenue fund.