SF 1571

as introduced - 93rd Legislature (2023 - 2024) Posted on 07/05/2023 02:45pm

A bill for an act
relating to transit; requiring metro counties to report on use of transportation sales
tax proceeds for guideways; amending Minnesota Statutes 2022, section 297A.993,
by adding a subdivision.

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

Section 1.

Minnesota Statutes 2022, section 297A.993, is amended by adding a subdivision
to read:

new text begin Subd. 2a. new text end

new text begin Guideway uses; reporting. new text end

new text begin By August 15 of each even-numbered year, a
metropolitan area county that uses, or proposes to use, the proceeds of the transportation
sales taxes to fund the planning, construction, operation, or maintenance of guideways as
defined in section 473.4485, subdivision 1, must submit a report to the legislative committees
with jurisdiction over transportation policy and finance. At a minimum, the report must
include:
new text end

new text begin (1) actual transportation sales tax collections by the county over the previous five calendar
years;
new text end

new text begin (2) an estimation of the total sales tax revenues that will be collected by the county in
the current year and estimated collections for the next ten calendar years;
new text end

new text begin (3) for each of the previous five calendar years, the current calendar year, and for the
next ten calendar years:
new text end

new text begin (i) the amount of sales tax revenues expended or proposed to be expended for guideway
planning, construction, operation, or maintenance;
new text end

new text begin (ii) the total expenditures or proposed expenditures of sales tax revenues for nonguideway
uses; and
new text end

new text begin (iii) an estimated balance of unspent or undesignated county sales tax revenues.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective the day following final enactment.
new text end