Senate Counsel, Research
and Fiscal Analysis
Minnesota Senate Bldg.
95 University Avenue W. Suite 3300
St. Paul, MN 55155
(651) 296-4791
Alexis C. Stangl
Director
   Senate   
State of Minnesota
 
 
 
 
 
S.F. No. 949 - Sales Tax Exemption for Purchases by Industrial Measurement Manufacturing and Controls Facility
 
Author: Senator Eric R. Pratt
 
Prepared By: Nora Pollock, Senate Counsel (651/297-8066)
 
Date: April 7, 2013



 

Section 1. [Sales tax exemption] Authorizes a sales tax exemption for materials and supplies used or consumed in, capital equipment incorporated into, fixtures installed in, and privately owned infrastructure in support of the construction improvement or expansion of a qualifying industrial measurement manufacturing and controls facility.  Sales tax on qualifying purchases is paid upfront and refunded after DEED determines that the company has met the following requirements:  total capital investment in the facility is at least $60 million; the facility employs at least 250 FTEs not currently employed by the company in the state; and DEED determines that the expansion, remodeling, or improvement of the facility has a significant impact on the state economy.  A company must apply for certification of eligibility for a sales tax refund no later than one year after final completion of construction, improvement, or expansion of the facility.  Effective for sales and purchases made after June 13, 2013, through calendar year 2015. 

Section 2. [Tax collected]  Authorizes payment of refunds of sales tax paid on qualifying purchases by a facility allowed under section 1.  Effective for sales and purchases made after June 30, 2013.

NBP:dv 

 

 

 
Check on the status of this bill
 
Back to Senate Counsel and Research Bill Summaries page
 

 
This page is maintained by the Office of Senate Counsel, Research, and Fiscal Analysis for the Minnesota Senate.
 
Last review or update: 04/07/2013
 
If you see any errors on this page, please e-mail us at webmaster@senate.mn