This bill proposes a sales and use tax exemption for construction materials and supplies used in the construction, reconstruction, upgrade, expansion, renovation, or remodeling of a water reclamation plant in the city of Rochester. The exemption applies to materials, supplies, and equipment purchased between August 31, 2024, and June 1, 2026. The tax will be collected as if the standard rate applied, but it will be refunded in accordance with existing provisions for similar projects.

Additionally, the bill includes an appropriation from the general fund to the commissioner of revenue to cover the refunds associated with this exemption. The effective date for this exemption is retroactive for sales and purchases made within the specified timeframe.