MN HF5369

Adds new paragraph (m) requiring sales tax revenues from bicycles, electric-assisted bicycles, and their repair parts to be deposited into the highway user tax distribution fund beginning July 1, 2024.

Directs sales tax revenues from vehicle services, motor vehicle paint (non-industrial), prepared food from establishments and food carts, for-hire carriers, direct mail, aggregate material delivery, road construction materials, delivery charges, and nonresidential parking services to the highway user tax distribution fund starting July 1, 2024.

Maintains existing allocations of motor vehicle repair and replacement parts taxes, with 43.5% going to the highway user tax distribution fund and increasing percentages (3.5% to 56.5%) allocated to the transportation advancement account through fiscal year 2033 and beyond.

Preserves existing revenue dedications for agricultural projects, special tax bond debt service, natural resources, fish and wildlife, parks and trails, regional parks, recreational opportunities for underserved communities, and fire safety programs.

Excludes revenues from the sales tax imposed under section 297A.62, subdivision 1a from these provisions, which must be deposited according to the Minnesota Constitution.