MN HF1879

Amends Minnesota Statutes section 297A.94 to require revenues from taxes on motor vehicle leases and rentals under section 297A.64, subdivision 1, to be deposited in the small cities assistance account under section 162.145, subdivision 2.

Appropriates $25,000,000 in fiscal year 2018 and $25,000,000 in fiscal year 2019 from the general fund to the commissioner of transportation for the small cities assistance program as a one-time appropriation.

Makes the amendment to tax deposit requirements effective for sales and purchases made after June 30, 2019.

Clarifies that revenues excluded from the deposit requirements include those generated by the sales tax imposed under section 297A.62, subdivision 1a, which must be deposited under the Minnesota Constitution, article XI, section 15.