MN HF5239

Modifies distribution of sales tax revenues from motor vehicle repair and replacement parts, redirecting a portion to the transportation advancement account starting in fiscal year 2024.

Allocates percentages to the highway user tax distribution fund that gradually decrease from 43.5 percent in fiscal year 2024 to 85.5 percent in fiscal year 2028, then decline again through fiscal year 2033.

Directs increasing percentages to the transportation advancement account under section 174.49, rising from 3.5 percent in fiscal year 2024 to 56.5 percent in fiscal year 2033 and thereafter.

Defines motor vehicle repair and replacement parts to include parts, tires, accessories, equipment, paint, oil, and fluids incorporated into or affixed to vehicles during maintenance and repair.

Takes effect the day following final enactment.