MN SF795

Modifies allocation of state general sales tax revenue from motor vehicle repair and replacement parts sales by redistributing revenues among highway user tax distribution fund, small cities assistance account, and town road account.

Allocates 84 percent of motor vehicle repair and replacement parts sales tax revenue to highway user tax distribution fund, eight percent to small cities assistance account, and eight percent to town road account in county state-aid highway fund.

Sets monthly deposit amount at $26,655,000 for fiscal year July 1, 2023 through June 30, 2024, with automatic annual adjustments based on percentage change in total state sales tax revenue collected.

Defines "motor vehicle repair and replacement parts" to include parts, tires, accessories, equipment, paint, oil, and other fluids incorporated into or affixed to motor vehicles as part of maintenance and repair.

Becomes effective July 1, 2023.