MN SF2361

Eliminates the exemption for motor vehicles purchased by out-of-state residents within 60 days of becoming Minnesota residents, effective July 1, 2012.

Increases the in lieu tax for collector vehicles (passenger automobiles and fire trucks) from $90 to $150.

Clarifies that gift transfers between spouses or between parent and child are exempt from motor vehicle sales tax.

Removes the "gift between individuals" exemption while maintaining the exemption for gifts from limited used vehicle dealers to individuals with proper affidavits.

Renumbers existing motor vehicle sales tax exemptions in Minnesota Statutes section 297B.03 due to elimination of the out-of-state resident exemption.