as introduced - 80th Legislature (1997 - 1998) Posted on 12/15/2009 12:00am
1.1 A bill for an act 1.2 relating to highways; dedicating 30 percent of 1.3 revenues from the motor vehicle sales tax to a major 1.4 projects account in the trunk highway fund; amending 1.5 Minnesota Statutes 1996, section 297B.09, subdivision 1.6 1; proposing coding for new law in Minnesota Statutes, 1.7 chapter 161. 1.8 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.9 Section 1. [161.042] [MAJOR PROJECTS ACCOUNT.] 1.10 Subdivision 1. [ACCOUNT CREATED.] A major projects account 1.11 is created in the trunk highway fund. The fund consists of 1.12 money deposited in the fund under section 297B.09, subdivision 1.13 1, and interest thereon. 1.14 Subd. 2. [EXPENDITURES FROM ACCOUNT.] Money in the major 1.15 projects account may be spent only for matching federal funds 1.16 for major trunk highway projects as defined under subdivision 1.17 3. The commissioner shall submit to the legislature a plan of 1.18 expenditures from the account, with costs identified for each 1.19 highway project included in the plan, as part of the 1.20 department's biennial budget. 1.21 Subd. 3. [DEFINITION.] For purposes of this section a 1.22 "major trunk highway project" is a project that the commissioner 1.23 determines: 1.24 (1) has a total cost of more than $100,000,000 or a total 1.25 cost that exceeds the average annual highway improvement budget 1.26 over the most recent five previous years for the department of 2.1 transportation construction district in which the project is 2.2 located; 2.3 (2) requires not less than five years to plan and 2.4 construct; and 2.5 (3) is a critical element of the transportation system of 2.6 its region and the state. 2.7 Sec. 2. Minnesota Statutes 1996, section 297B.09, 2.8 subdivision 1, is amended to read: 2.9 Subdivision 1. [GENERAL FUND SHARE.](a)Money collected 2.10 and received under this chapter must be deposited in the state 2.11 treasury and creditedto the general fund. The amounts2.12collected and received shall be credited as provided in this2.13subdivision, and transferred from the general fund on July 152.14and February 15 of each fiscal year. The commissioner of2.15finance must make each transfer based upon the actual receipts2.16of the preceding six calendar months and include the interest2.17earned during that six-month period. The commissioner of2.18finance may establish a quarterly or other schedule providing2.19for more frequent payments to the transit assistance fund if the2.20commissioner determines it is necessary or desirable to provide2.21for the cash flow needs of the recipients of money from the2.22transit assistance fund.2.23(b) Twenty-five percent of the money collected and received2.24under this chapter after June 30, 1990, and before July 1, 1991,2.25must be transferred to the highway user tax distribution fund2.26and the transit assistance fund for apportionment as follows:2.2775 percent must be transferred to the highway user tax2.28distribution fund for apportionment in the same manner and for2.29the same purposes as other money in that fund, and the remaining2.3025 percent of the money must be transferred to the transit2.31assistance fund to be appropriated to the commissioner of2.32transportation for transit assistance within the state and to2.33the metropolitan council.2.34(c) The distributions under this subdivision to the highway2.35user tax distribution fund until June 30, 1991, and to the trunk2.36highway fund thereafter, must be reduced by the amount necessary3.1to fund the appropriation under section 41A.09, subdivision 1.3.2For the fiscal years ending June 30, 1988, and June 30, 1989,3.3the commissioner of finance, before making the transfers3.4required on July 15 and January 15 of each year, shall estimate3.5the amount required to fund the appropriation under section3.641A.09, subdivision 1, for the six-month period for which the3.7transfer is being made. The commissioner shall then reduce the3.8amount transferred to the highway user tax distribution fund by3.9the amount of that estimate. The commissioner shall reduce the3.10estimate for any six-month period by the amount by which the3.11estimate for the previous six-month period exceeded the amount3.12needed to fund the appropriation under section 41A.09,3.13subdivision 1, for that previous six-month period. If at any3.14time during a six-month period in those fiscal years the amount3.15of reduction in the transfer to the highway user tax3.16distribution fund is insufficient to fund the appropriation3.17under section 41A.09, subdivision 1, for that period, the3.18commissioner shall transfer to the general fund from the highway3.19user tax distribution fund an additional amount sufficient to3.20fund the appropriation for that period, but the additional3.21amount so transferred to the general fund in a six-month period3.22may not exceed the amount transferred to the highway user tax3.23distribution fund for that six-month periodas follows: 3.24 (1) 30 percent must be credited to the major projects 3.25 account in the trunk highway fund; and 3.26 (2) the remainder must be credited to the general fund. 3.27 Sec. 3. [EFFECTIVE DATE.] 3.28 Sections 1 and 2 are effective July 1, 1998.