1.1 	A bill for an act
1.2 	relating to transportation; providing vehicle registration tax refunds for certain 
1.3 	returned vehicles;proposing coding for new law in Minnesota Statutes, chapter 
1.4 	168.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. [168.151] REGISTRATION TAX REFUND FOR RETURNED VEHICLE.
1.7 		Subdivision 1.Definitions. (a) For purposes of this section, the following terms have 
1.8 	the meanings given.
1.9 	(b) "Returned vehicle" means a vehicle that:
1.10 	(1) is required to be registered in accordance with this chapter;
1.11 	(2) is transferred by a manufacturer or dealer to a transferee, whether by sale, lease, or 
1.12 	otherwise; and
1.13 	(3) the transferee subsequently permanently transfers back to the same manufacturer or 
1.14 	dealer within 30 days, without retaining any right to use or possess the vehicle.
1.15 	(c) "Transferee" means a person who receives a vehicle transfer from a manufacturer or 
1.16 	dealer, whether by sale, lease, or otherwise, and subsequently permanently transfers the 
1.17 	vehicle back to the same manufacturer or dealer.
1.18 		Subd. 2.Notice of returned vehicle required. A manufacturer or dealer that receives 
1.19 	a returned vehicle must submit a notice to the commissioner within ten days that contains 
1.20 	the date of the return transfer referencing the notice of the initial transfer and the transferee's 
1.21 	application for registration, as filed by the manufacturer or dealer pursuant to section 168.15, 
1.22 	subdivision 1, paragraph (e).
2.1 		Subd. 3.Refund of registration tax paid. Within 30 days of receipt of the notice required 
2.2 	under subdivision 2, the commissioner must cancel the returned vehicle's registration and 
2.3 	issue a refund to the transferee of registration taxes paid by the transferee on the returned 
2.4 	vehicle.