This bill proposes a sales and use tax exemption for construction materials and supplies used in specific projects within the city of Wayzata. The exemption applies to materials purchased between January 1, 2026, and June 30, 2030, for projects including the expansion and remodeling of Depot Park, construction of community docks, shoreline restoration, restoration of the Section Foreman House, construction of Eco Park, and the development of a regional multiuse trail. The tax will be collected as if the standard rate applied, but eligible purchasers will receive refunds in accordance with existing statutes, with refunds not issued until after June 30, 2026.

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 within the specified timeframe. This legislation aims to support community development and environmental restoration projects in Wayzata by alleviating the financial burden of sales tax on necessary construction materials.