SF 721

as introduced - 79th Legislature (1995 - 1996) Posted on 12/15/2009 12:00am

  1.1                          A bill for an act 
  1.2             relating to taxation; exempting cargo vans from the 
  1.3             rental motor vehicle tax; amending Minnesota Statutes 
  1.4             1994, section 297A.135, subdivision 1. 
  1.5   BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA: 
  1.6      Section 1.  Minnesota Statutes 1994, section 297A.135, 
  1.7   subdivision 1, is amended to read: 
  1.8      Subdivision 1.  [TAX IMPOSED.] A tax is imposed on the 
  1.9   lease or rental in this state for not more than 28 days of a 
  1.10  passenger automobile as defined in section 168.011, subdivision 
  1.11  7, a van as defined in section 168.011, subdivision 28, except 
  1.12  for a van designed or adapted primarily for transporting 
  1.13  property rather than passengers, or a pickup truck as defined in 
  1.14  section 168.011, subdivision 29.  The tax is imposed at the rate 
  1.15  of 6.2 percent of the sales price as defined for the purpose of 
  1.16  imposing the sales and use tax in this chapter.  The tax does 
  1.17  not apply to the lease or rental of a hearse or limousine used 
  1.18  in connection with a burial or funeral service.  It applies 
  1.19  whether or not the vehicle is licensed in the state. 
  1.20     Sec. 2.  [EFFECTIVE DATE.] 
  1.21     Section 1 is effective beginning with leases or rentals 
  1.22  made after June 30, 1995.