HF 2377

as introduced - 84th Legislature (2005 - 2006) Posted on 12/15/2009 12:00am

A bill for an act
relating to highways; reallocating proceeds from motor
vehicle sales tax; amending Minnesota Statutes 2004,
section 297B.09, subdivision 1.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

Section 1.

Minnesota Statutes 2004, section 297B.09,
subdivision 1, is amended to read:

Subdivision 1.

Deposit of revenues.

(a) Money collected
and received under this chapter must be deposited as provided in
this subdivision.

(b) deleted text begin From July 1, 2002, to June 30, 2003, 32 percent of the
money collected and received must be deposited in the highway
user tax distribution fund, 20.5 percent must be deposited in
the metropolitan area transit fund under section 16A.88, and
1.25 percent must be deposited in the greater Minnesota transit
fund under section 16A.88. The remaining money must be
deposited in the general fund.
deleted text end

deleted text begin (c) deleted text end From July 1, 2003, to June 30, 2007, 30 percent of the
money collected and received must be deposited in the highway
user tax distribution fund, 21.5 percent must be deposited in
the metropolitan area transit fund under section 16A.88, 1.43
percent must be deposited in the greater Minnesota transit fund
under section 16A.88, 0.65 percent must be deposited in the
county state-aid highway fund, and 0.17 percent must be
deposited in the municipal state-aid street fund. The remaining
money must be deposited in the general fund. new text begin In each of the
fiscal years ending June 30, 2006, and June 30, 2007, the
commissioner shall transfer $33,000,000 that would otherwise be
allocated to the trunk highway fund from the money deposited in
the highway user tax distribution fund under this paragraph as
follows: $30,000,000 to the metropolitan area transit fund, and
$3,000,000 to the greater Minnesota transit fund.
new text end

(d) On and after July 1, 2007, deleted text begin 32 deleted text end new text begin 31 new text end percent of the money
collected and received must be deposited in the highway user tax
distribution fund, deleted text begin 20.5 deleted text end new text begin 21.5 new text end percent must be deposited in the
metropolitan area transit fund under section 16A.88, and deleted text begin 1.25
deleted text end new text begin 1.5 new text end percent must be deposited in the greater Minnesota transit
fund under section 16A.88. The remaining money must be
deposited in the general fund.

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day
following final enactment.
new text end