1999 Minnesota Statutes

     297A.44 Deposit of revenues; costs of administration; 
  appropriation. 

    Subdivision 1.  (a) Except as provided in paragraphs (b) to 
 (d), all revenues, including interest and penalties, derived 
 from the excise and use taxes imposed by sections 297A.01 to 
 297A.44 shall be deposited by the commissioner in the state 
 treasury and credited to the general fund.  

    (b) All excise and use taxes derived from sales and use of 
 property and services purchased for the construction and 
 operation of an agricultural resource project, from and after 
 the date on which a conditional commitment for a loan guaranty 
 for the project is made pursuant to section 41A.04, subdivision 
 3, shall be deposited in the Minnesota agricultural and economic 
 account in the special revenue fund.  The commissioner of 
 finance shall certify to the commissioner the date on which the 
 project received the conditional commitment.  The amount 
 deposited in the loan guaranty account shall be reduced by any 
 refunds and by the costs incurred by the department of revenue 
 to administer and enforce the assessment and collection of the 
 taxes.  

    (c) All revenues, including interest and penalties, derived 
 from the excise and use taxes imposed on sales and purchases 
 included in section 297A.01, subdivision 3, paragraphs (d) and 
 (k), clauses (1) and (2), must be deposited by the commissioner 
 in the state treasury, and credited as follows: 

    (1) first to the general obligation special tax bond debt 
 service account in each fiscal year the amount required by 
 section 16A.661, subdivision 3, paragraph (b); and 

    (2) after the requirements of clause (1) have been met, the 
 balance must be credited to the general fund. 

    (d) The revenues, including interest and penalties, 
 collected under section 297A.135, subdivision 5, shall be 
 deposited by the commissioner in the state treasury and credited 
 to the general fund.  By July 15 of each year the commissioner 
 shall transfer to the highway user tax distribution fund an 
 amount equal to the excess fees collected under section 
 297A.135, subdivision 5, for the previous calendar year. 

    Subd. 2. Repealed, 1990 c 480 art 1 s 45 

    Subd. 3.  Repealed, 1969 c 399 s 51 

    Subd. 4.  Repealed, 1994 c 587 art 2 s 22 

    HIST: Ex1967 c 32 art 13 s 44; 1969 c 399 s 38,39; 1984 c 502 
 art 10 s 8; 1987 c 386 art 9 s 21; 1987 c 400 s 53; 1988 c 633 s 
 6; 1989 c 335 art 4 s 80; 1Sp1989 c 1 art 19 s 6; 1991 c 291 art 
 2 s 11,12; 1994 c 587 art 2 s 16; 1996 c 471 art 9 s 10; 1997 c 
 31 art 2 s 47; 1997 c 231 art 13 s 5; 3Sp1997 c 3 s 24