SF 2757

as introduced - 88th Legislature (2013 - 2014) Posted on 03/20/2014 09:16am

A bill for an act
relating to taxation; petroleum; dedicating revenues from the excise taxes
on gasoline used as substitute for aviation gasoline to the state airports fund;
amending Minnesota Statutes 2012, section 296A.09, by adding a subdivision;
repealing Minnesota Statutes 2012, section 296A.18, subdivision 8.

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

Section 1.

Minnesota Statutes 2012, section 296A.09, is amended by adding a
subdivision to read:

new text begin Subd. 7. new text end

new text begin State airports fund. new text end

new text begin (a) The revenues derived from the excise taxes on
aviation gasoline and on special fuel received, sold, stored, or withdrawn from storage as
substitutes for aviation gasoline, shall be paid into the state treasury and credited to the
state airports fund.
new text end

new text begin (b) The revenues derived from the excise taxes on gasoline received, sold, stored, or
withdrawn from storage on the premises of an airport as defined under section 360.013,
subdivision 39, and used as a substitute for aviation gasoline, less any credit allowed under
this chapter, shall be paid into the state treasury and credited to the state airports fund.
new text end

new text begin (c) There is hereby appropriated such sums as are needed to carry out the provisions
of this subdivision.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales and purchases made after
June 30, 2014.
new text end

Sec. 2. new text begin REPEALER.
new text end

new text begin Minnesota Statutes 2012, section 296A.18, subdivision 8, new text end new text begin is repealed.
new text end

new text begin EFFECTIVE DATE. new text end

new text begin This section is effective for sales and purchases made after
June 30, 2014.
new text end