HF 2496

as introduced - 93rd Legislature (2023 - 2024) Posted on 03/02/2023 02:13pm

A bill for an act
relating to transportation; taxation; allocating motor vehicle lease sales tax revenue
to Hennepin and Ramsey counties; appropriating money; amending Minnesota
Statutes 2022, section 297A.815, subdivision 3.

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

Section 1.

Minnesota Statutes 2022, section 297A.815, subdivision 3, is amended to read:

Subd. 3.

Motor vehicle lease sales tax revenue.

(a) On or before June 30 of each fiscal
year, the commissioner of revenue must estimate the revenues, including interest and
penalties and minus refunds, collected under this section for the current fiscal year.

(b) By July 15 of the subsequent fiscal year, the commissioner of management and
budget must transfer the revenues estimated under paragraph (a) from the general fund as
follows:

(1) 38 percent to the county state-aid highway fund;

(2) 38 percent to the greater Minnesota transit account;

(3) 13 percent to the Minnesota state transportation fund; and

(4) 11 percent to the highway user tax distribution fund.

(c) Notwithstanding any other law to the contrary, the commissioner of transportation
must allocate the funds transferred under paragraph (b), clause (1), to the counties in the
metropolitan area, as defined in section 473.121, subdivision 4, deleted text begin excluding the counties of
Hennepin and Ramsey, deleted text end so that each county receives 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 paragraph. new text begin If the commissioner determines that any county receiving an
allocation under this paragraph will receive fewer funds than the county received in the
previous year, the commissioner must allocate additional funds to that county sufficient to
offset the loss. An amount sufficient to pay the costs of offsetting county losses is annually
appropriated from the general fund to the commissioner for this purpose.
new text end

(d) The amount transferred under paragraph (b), clause (3), must be used for the local
bridge program under section 174.50, subdivisions 6 to 7.

(e) The revenues under this subdivision do not include the revenues, including interest
and penalties and minus refunds, generated by the sales tax imposed under section 297A.62,
subdivision 1a, which must be deposited as provided under the Minnesota Constitution,
article XI, section 15.