MN SF3682

Proposes constitutional amendment to Minnesota Constitution, article XIV, section 13, increasing highway fund allocation from 60 percent to 70 percent of motor vehicle sales tax revenue, effective January 1, 2020.

Reduces public transit assistance fund allocation from 40 percent to 30 percent of motor vehicle sales tax revenue to accommodate the increased highway allocation.

Amendment requires voter approval at the 2018 general election with the ballot question asking whether at least 70 percent of motor vehicle tax revenue should be apportioned for highway purposes.

Amends Minnesota Statutes 2016, section 297B.09, subdivision 1, to adjust deposit percentages: 70 percent to highway user tax distribution fund, 27 percent to metropolitan area transit account, and 3 percent to greater Minnesota transit account.

Conforming changes to statute take effect January 1, 2020, only if the constitutional amendment is ratified by voters.