This bill proposes a sales and use tax exemption for construction materials and supplies used in specific projects within Independent School District No. 561 in Goodridge, Minnesota. The exemption applies to materials purchased between January 1, 2025, and December 31, 2026, for renovations to the prekindergarten through grade 12 school building and the construction of various new facilities, including a gymnasium and classrooms. The tax will be collected initially but refunded later, with the stipulation that refunds will not be issued until after June 30, 2025, and the applicant for the refund must be the governmental entity overseeing the project.

Additionally, the bill includes an appropriation from the general fund to the commissioner of revenue to cover the costs of these refunds. The effective date of the exemption is retroactive for sales and purchases made after December 31, 2024, and before January 1, 2027. This legislation aims to support educational infrastructure improvements in the district by alleviating some of the financial burdens associated with construction projects.