Minnesota HF3264 modifies the allocation of regional transportation sales tax revenue, assigning funds for student transit and replacement services.

Minnesota HF3264 amends the allocation of revenue from the regional transportation sales tax. Specifically, it designates 1.837 percent of the revenue to the Board of Regents of the University of Minnesota for student transit services. Additionally, it mandates that the Metropolitan Council use a portion of the sales tax revenue for financial assistance to the Minnesota Valley Transit Authority, which provides replacement services. The bill also outlines other uses for the sales tax revenue, including active transportation, transit system purposes, and various transit improvements.

Minnesota HF3264 modifies the allocation of regional transportation sales tax revenue, assigning funds for student transit and replacement services.

Minnesota HF3264 amends the allocation of revenue from the regional transportation sales tax. Specifically, it designates 1.837 percent of the revenue to the Board of Regents of the University of Minnesota for student transit services. Additionally, it mandates that the Metropolitan Council use a portion of the sales tax revenue for financial assistance to the Minnesota Valley Transit Authority, which provides replacement services. The bill also outlines other uses for the sales tax revenue, including active transportation, transit system purposes, and various transit improvements.