1.1                          A bill for an act 
  1.2             relating to taxes; sales and use taxes; exempting the 
  1.3             purchases of materials and supplies used in renovating 
  1.4             a municipal building in Babbitt; amending Minnesota 
  1.5             Statutes 1998, section 297A.25, by adding a 
  1.6             subdivision. 
  1.7   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.8      Section 1.  Minnesota Statutes 1998, section 297A.25, is 
  1.9   amended by adding a subdivision to read: 
  1.10     Subd. 79.  [CONSTRUCTION MATERIALS AND SUPPLIES; BABBITT 
  1.11  MUNICIPAL BUILDING.] Purchases of materials and supplies used or 
  1.12  consumed in, and fixtures, furnishings, and equipment 
  1.13  incorporated into, the conversion, renovation, improvement, or 
  1.14  expansion of the Emanuelson school building in the city of 
  1.15  Babbitt are exempt from the tax imposed under this chapter, 
  1.16  regardless of whether purchased by the owner, or a contractor, 
  1.17  subcontractor, or builder.  The tax shall be calculated and paid 
  1.18  as if the rate in section 297A.02, subdivision 1, was in effect 
  1.19  and a refund applied for by the owner in the manner prescribed 
  1.20  in section 297A.15, subdivision 7. 
  1.21     Sec. 2.  [EFFECTIVE DATE.] 
  1.22     Section 1 is effective for purchases made after January 1, 
  1.23  1999, and before January 1, 2002.