as introduced - 83rd Legislature (2003 - 2004) Posted on 12/15/2009 12:00am
Engrossments | ||
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Introduction | Posted on 03/22/2004 |
1.1 A bill for an act 1.2 relating to motor vehicles; dedicating certain revenue 1.3 from motor vehicle sales tax; amending Minnesota 1.4 Statutes 2003 Supplement, section 297B.09, subdivision 1.5 1. 1.6 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 1.7 Section 1. Minnesota Statutes 2003 Supplement, section 1.8 297B.09, subdivision 1, is amended to read: 1.9 Subdivision 1. [DEPOSIT OF REVENUES.] (a) Money collected 1.10 and received under this chapter must be deposited as provided in 1.11 this subdivision. 1.12 (b)From July 1, 2002, to June 30, 2003, 32 percent of the1.13money collected and received must be deposited in the highway1.14user tax distribution fund, 20.5 percent must be deposited in1.15the metropolitan area transit fund under section 16A.88, and1.161.25 percent must be deposited in the greater Minnesota transit1.17fund under section 16A.88. The remaining money must be1.18deposited in the general fund.1.19(c)From July 1, 2003, to June 30, 2007, 30 percent of the 1.20 money collected and received must be deposited in the highway 1.21 user tax distribution fund, 21.5 percent must be deposited in 1.22 the metropolitan area transit fund under section 16A.88, 1.43 1.23 percent must be deposited in the greater Minnesota transit fund 1.24 under section 16A.88, 0.65 percent must be deposited in the 1.25 county state-aid highway fund, and 0.17 percent must be 2.1 deposited in the municipal state-aid street fund.The remaining2.2money must be deposited in the general fund.2.3(d)(c) On and after July 1, 2007, 32 percent of the money 2.4 collected and received must be deposited in the highway user tax 2.5 distribution fund, 20.5 percent must be deposited in the 2.6 metropolitan area transit fund under section 16A.88, and 1.25 2.7 percent must be deposited in the greater Minnesota transit fund 2.8 under section 16A.88.The remaining money must be deposited in2.9the general fund.2.10 (d) Money not deposited under paragraph (b) or (c) must be 2.11 deposited as follows: 2.12 (1) From July 1, 2005, to June 30, 2006, 20 percent must be 2.13 deposited in the highway user tax distribution fund and the 2.14 remainder must be deposited in the general fund. 2.15 (2) From July 1, 2006, to June 30, 2007, 40 percent must be 2.16 deposited in the highway user tax distribution fund and the 2.17 remainder must be deposited in the general fund. 2.18 (3) From July 1, 2007, to June 30, 2008, 60 percent must be 2.19 deposited in the highway user tax distribution fund and the 2.20 remainder must be deposited in the general fund. 2.21 (4) From July 1, 2008, to June 30, 2009, 80 percent must be 2.22 deposited in the highway user tax distribution fund and the 2.23 remainder must be deposited in the general fund. 2.24 (5) On and after July 1, 2009, 100 percent must be 2.25 deposited in the highway user tax distribution fund.