This bill proposes a sales and use tax exemption for construction materials and supplies used in specific projects within Independent School District No. 561, Goodridge. 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 requirement that the applicant for the refund must be the governmental entity overseeing the project. Refunds for eligible purchases will not be issued until after June 30, 2025.

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 of the exemption is retroactive for sales and purchases made after December 31, 2024, and before January 1, 2027.