Certain projects financed through an act relating to capital investment construction materials sales and use tax exemption provision and appropriation

This bill creates a sales tax exemption for construction materials used on public capital projects funded by state money. It allows contractors and builders to purchase supplies without paying sales tax, with the state collecting the tax first and then refunding it to eligible projects. The exemption applies to projects approved through state appropriations or grants in 2026, covering work done by the state and local governments. The necessary funds for refunds come from the state's general fund, and the policy takes effect for purchases made after June 30, 2026.