This bill proposes a sales tax exemption for construction materials used in the development of two water mains in Brooklyn Park, aimed at supporting the city's biotech innovation district. Specifically, it establishes that materials and supplies purchased for this project between November 30, 2025, and January 1, 2029, will be exempt from sales and use tax under Minnesota Statutes, chapter 297A. The bill outlines that the tax will be collected initially but refunded in accordance with existing provisions for similar projects.

Additionally, the bill includes an appropriation clause, ensuring that the necessary funds to cover these tax refunds will be allocated from the general fund to the commissioner of revenue. The effective date for this exemption is set for sales and purchases made within the specified timeframe.