Bill Text: MN HF2205 | 2013-2014 | 88th Legislature | Introduced


Bill Title: Motor vehicle lease sales tax revenue allocated to county state-aid highway fund and greater Minnesota transit account.

Spectrum: Bipartisan Bill

Status: (Introduced - Dead) 2014-03-04 - Author added Howe [HF2205 Detail]

Download: Minnesota-2013-HF2205-Introduced.html

1.1A bill for an act
1.2relating to transportation funding; allocating motor vehicle lease sales tax
1.3revenue to county state-aid highway fund and greater Minnesota transit account;
1.4amending Minnesota Statutes 2013 Supplement, section 297A.815, subdivision 3.
1.5BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6    Section 1. Minnesota Statutes 2013 Supplement, section 297A.815, subdivision 3,
1.7is amended to read:
1.8    Subd. 3. Motor vehicle lease sales tax revenue. (a) For purposes of this
1.9subdivision, "net revenue" means an amount equal to:
1.10    (1) the revenues, including interest and penalties, collected under this section, during
1.11the fiscal year; less.
1.12    (2) in fiscal year 2011, $30,100,000; in fiscal year 2012, $31,100,000; and in fiscal
1.13year 2013 and following fiscal years, $32,000,000.
1.14    (b) On or before June 30 of each fiscal year, the commissioner of revenue shall
1.15estimate the amount of the revenues and subtraction net revenue under paragraph (a)
1.16for the current fiscal year.
1.17    (c) On or after July 1 of the subsequent fiscal year, the commissioner of management
1.18and budget shall transfer the net revenue as estimated in paragraph (b) from the general
1.19fund, as follows:
1.20    (1) $9,000,000 annually until January 1, 2016, and 50 percent annually thereafter to
1.21the county state-aid highway fund. Notwithstanding any other law to the contrary, the
1.22commissioner of transportation shall allocate the funds transferred under this clause to the
1.23counties in the metropolitan area, as defined in section 473.121, subdivision 4, excluding
1.24the counties of Hennepin and Ramsey, so that each county shall receive of such amount
2.1the percentage that its population, as defined in section 477A.011, subdivision 3, estimated
2.2or established by July 15 of the year prior to the current calendar year, bears to the total
2.3population of the counties receiving funds under this clause; and
2.4    (2) the remainder 50 percent to the greater Minnesota transit account.
2.5EFFECTIVE DATE.This section is effective July 1, 2014.
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