Minneapolis-St. Paul International Airport renovation refundable tax exemption provision for construction materials

This bill provides a refundable sales tax exemption for construction materials used in renovating Minneapolis-St. Paul International Airport. Contractors and subcontractors purchasing eligible materials between July 1, 2023, and January 1, 2028, will pay the standard sales tax upfront but receive a refund from the state. The exemption applies retroactively to purchases made after June 30, 2023, with refunds unavailable before July 1, 2025. The state will fund these refunds using general fund appropriations.