This bill amends Minnesota Statutes 2024, section 297A.94, to dedicate specific revenues from the sales tax on various products and services to the highway user tax distribution fund. Notably, it introduces new provisions that require the commissioner to deposit estimated revenues derived from sales related to bicycles, electric-assisted bicycles, their repair and replacement parts, and several other categories including food sold at food carts and mobile units, delivery of aggregate materials, and materials used in road construction. The bill also specifies that these changes will take effect for taxes remitted after July 1, 2025.

Additionally, the bill deletes a previous provision regarding the deposit of revenues generated by a specific sales tax imposed under section 297A.62, subdivision 1a, and replaces it with the new requirements for the highway user tax distribution fund. This restructuring aims to enhance funding for transportation-related projects and services by ensuring that a broader range of sales tax revenues is allocated to the highway user tax distribution fund, thereby supporting infrastructure and transportation needs in Minnesota.

Statutes affected:
Introduction: 297A.94