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MN HF5327
Bill
Status
4/8/2024
Primary Sponsor
Ginny Klevorn
Click for details
AI Summary
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Amends Minnesota Statutes section 297A.815, subdivision 3, to modify how motor vehicle lease sales tax revenues are distributed among transportation funds.
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Maintains the distribution percentages: 38% to county state-aid highway fund, 38% to greater Minnesota transit account, 13% to Minnesota state transportation special revenue fund, and 11% to highway user tax distribution fund.
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Changes the name of the fund receiving 13% from "Minnesota state transportation" to "special revenue" fund, with those revenues designated for the local bridge program under section 174.50.
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Allocates county state-aid highway fund revenues to metropolitan area counties (excluding Hennepin and Ramsey) based on each county's population as of July 15 of the prior year.
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Effective date is July 1, 2024.
Legislative Description
Deposits of motor vehicle lease sales taxes modified.
Last Action
Introduction and first reading, referred to Taxes
4/8/2024