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Office of the Revisor of Statutes

SF 2947 Senate Long Description

Proposing an amendment to the Minnesota constitution, article XIV to increase the percentage of motor vehicle sales tax proceeds required to be deposited in the highway user tax distribution fund; increasing the tax on gasoline and special fuels and requiring the commissioner of revenue to annually adjust the rates for inflation, requiring revenue credited to the trunk highway fund from gas tax rate adjustments to be credited to the bond proceeds account in the fund; appropriating money to the commissioner of transportation (DOT) and authorizing the issuance of state bonds for projects to relieve bottlenecks in the metropolitan area and for at risk interregional corridors outside the metropolitan area (mk)