SF 65

Introduction - 86th Legislature (2009 - 2010)

Posted on 02/09/2010 02:10 a.m.

A bill for an act
relating to motor fuels tax; repealing lower income motor fuels tax credit; making
technical correction; amending Minnesota Statutes 2008, section 297A.815,
subdivision 3; repealing Minnesota Statutes 2008, section 290.06, subdivision 34.

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

Section 1.

Minnesota Statutes 2008, section 297A.815, subdivision 3, is amended to
read:

Subd. 3.

Motor vehicle lease sales tax revenue.

deleted text begin (a) For purposes of this
subdivision, "net revenue" means an amount equal to:
deleted text end

deleted text begin (1) the revenues, including interest and penalties, collected under this section, during
the fiscal year; less
deleted text end

deleted text begin (2) the estimated reduction in individual income tax receipts and the estimated
amount of refunds paid out under section 290.06, subdivision 34, for the fiscal year.
deleted text end

deleted text begin (b) On or before June 30 of each fiscal year, the commissioner of revenue shall
estimate the amount of the revenues and subtraction under paragraph (a) for the current
fiscal year.
deleted text end

deleted text begin (c) deleted text end On or after July 1 of deleted text begin the subsequent deleted text end new text begin each new text end fiscal year, the commissioner of finance
shall transfer the deleted text begin net revenue as estimated in paragraph (b) deleted text end new text begin revenues, including interest
and penalties, collected under this section, during the fiscal year new text end from the general fund,
as follows:

(1) 50 percent to the greater Minnesota transit account; and

(2) 50 percent to the county state-aid highway fund. Notwithstanding any other law
to the contrary, the commissioner of transportation shall allocate the funds transferred
under this clause to the counties in the metropolitan area, as defined in section 473.121,
subdivision 4, excluding the counties of Hennepin and Ramsey, so that each county shall
receive of such amount the percentage that its population, as defined in section 477A.011,
subdivision 3, estimated or established by July 15 of the year prior to the current calendar
year, bears to the total population of the counties receiving funds under this clause.

(d) For fiscal years 2010 and 2011, the amount under paragraph (a), clause (1), must
be calculated using the following percentages of the total revenues:

(1) for fiscal year 2010, 83.75 percent; and

(2) for fiscal year 2011, 93.75 percent.

Sec. 2. new text begin REPEALER.
new text end

new text begin Minnesota Statutes 2008, section 290.06, subdivision 34, new text end new text begin is repealed.
new text end