Minnesota bill SF54 expands in lieu tax to include older motorcycles and collector motorcycles.

Minnesota bill SF54 amends state statutes to expand the in lieu tax to include older motorcycles and collector motorcycles. The bill imposes a $10 tax on the purchase price of older passenger automobiles and motorcycles, and a $150 tax on collector vehicles. This change takes effect for sales and purchases made after June 30, 2025.

Minnesota bill SF54 expands in lieu tax to include older motorcycles and collector motorcycles.

Minnesota bill SF54 amends state statutes to expand the in lieu tax to include older motorcycles and collector motorcycles. The bill imposes a $10 tax on the purchase price of older passenger automobiles and motorcycles, and a $150 tax on collector vehicles. This change takes effect for sales and purchases made after June 30, 2025.