The bill amends Minnesota Statutes to require the display of gas tax information on sales receipts for gasoline and diesel fuel purchases, ensuring transparency for consumers. Specifically, it mandates that retailers provide a sales receipt that includes the current state and federal gasoline tax rates in a specified font size. Additionally, the bill stipulates that the director must distribute updated signs to retail petroleum dispensers whenever there is a change in the gasoline tax rates, and it prohibits penalties for missing or damaged signs. This provision will take effect on January 1, 2027.
Furthermore, the bill removes the indexed increases to the motor fuels tax, which previously allowed for annual adjustments based on the Minnesota Highway Construction Cost Index. The tax rates for E85, M85, and other gasoline types will remain fixed at specified rates without the annual adjustment mechanism. Similar provisions apply to the tax rates for liquefied petroleum gas, liquefied natural gas, and compressed natural gas, with the effective date for these changes set for July 1, 2026.
Statutes affected: Introduction: 239.7511, 296A.07, 296A.08