Minnesota SF902 allocates sales tax revenues from various products and services to multiple funds, including the highway user tax distribution fund.
Minnesota SF902 amends the deposit of revenues from sales and use taxes on various products and services. It mandates that the commissioner of revenue deposit revenues into the state treasury and credit them to different funds. Specifically, 43.5 percent of the revenues from the sale of motor vehicle repair and replacement parts go to the highway user tax distribution fund. Other funds receiving allocations include the transportation advancement account, the natural resources fund for state parks and trails, the game and fish fund for wildlife resources, and the general fund.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.