Woodbury refundable exemption provision for construction materials for certain projects

This bill creates a refundable sales tax exemption for construction materials used in specific water infrastructure projects in Woodbury, Minnesota. It exempts purchases of materials for water treatment facilities, water towers, pipelines, and related improvements (made between February 2024 and December 2028) from state sales tax, with the tax collected and then refunded. The city of Woodbury directly benefits as the funding source for these projects, and refunds are delayed until after June 30, 2025. The exemption applies retroactively to purchases made after January 31, 2024.