as introduced - 92nd Legislature (2021 - 2022) Posted on 03/01/2021 04:06pm
|Introduction||Posted on 03/01/2021|
A bill for an act
relating to transportation; taxes; modifying the allocation of motor vehicle rental
fee revenue; amending Minnesota Statutes 2020, section 297A.64, subdivision 5.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:
Minnesota Statutes 2020, section 297A.64, subdivision 5, is amended to read:
new text beginnew text endOn the first sales tax return due following the end
of a calendar year during which a lessor has imposed a fee under subdivision 2, the lessor
shall report to the commissioner of revenue, in the form required by the commissioner, the
amount of the fee collected during the previous year and the amount of motor vehicle
registration taxes paid during the previous year by the lessor under chapter 168 on vehicles
subject to the fee under this section.
new text beginnew text end If the amount of the fees collected exceeds the amount of motor vehicle registration
taxes paid, the lessor shall remit the excess to the commissioner of revenue at the time the
report is submitted.
new text begin new text end