Edina; construction material refundable exemption provided.

HF 237 provides a refundable sales and use tax exemption for construction materials used in two specific park projects in Edina: Fred Richards Park (per its master plan) and Braemar Park (per its master plan). Businesses purchasing qualifying materials for these projects between January 1, 2024, and December 31, 2029, will pay the tax upfront but receive a refund from the state treasury. The exemption applies retroactively to purchases made after December 31, 2023, though refunds won’t begin until after June 30, 2025. This directly affects construction companies and contractors working on these Edina park developments, reducing their initial costs for eligible materials.