Loading chat...
MN SF3322
Bill
Status
Introduced
5/4/2023
Primary Sponsor
Karin Housley
Click for details
AI Summary
- Reduces motor fuels tax rates from July 1, 2023 through December 31, 2024, with specific rate reductions for gasoline, diesel, and alternative fuels under Minnesota Statutes sections 296A.07 and 296A.08
- Establishes reduced tax rates including 10.65 cents per gallon for gasoline (down from standard rates), 8.55 cents per gallon for certain fuels, 11.25 cents per gallon for diesel, and 9 cents per gallon for other diesel products
- Appropriates necessary funds from the general fund to the commissioner of revenue in fiscal year 2023 for administrative implementation costs, available until June 30, 2025
- Requires transfers from the general fund to the commissioner of transportation to compensate for foregone revenue in fiscal years 2024 and 2025, distributed to various transportation accounts and the highway user tax distribution fund based on forecasted revenue impacts
Legislative Description
Establishing a temporary reduction in the rates of the motor fuels tax
Last Action
Referred to Transportation
5/4/2023
Committee Referrals
Transportation5/4/2023
Full Bill Text
No bill text available