The bill amends Minnesota Statutes 2024, section 473.4465, subdivision 2, to allocate a portion of regional transportation sales tax revenue specifically to SouthWest Transit. It maintains the existing structure for the use of sales tax revenue, which includes 5% for active transportation and 95% for transit system purposes, while detailing various categories for expenditure such as improvements to bus service, transit safety, and zero-emission bus procurement.
A significant insertion in the bill mandates that the Metropolitan Council must share regional transportation sales tax revenue with all replacement service providers, ensuring that SouthWest Transit receives 3.7% of the regional transportation sales tax collected in the metropolitan area. This change aims to enhance funding for SouthWest Transit, thereby improving transit services in the region.
Statutes affected: Introduction: 473.4465