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Senate Counsel, Research and Fiscal Analysis
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Minnesota Senate Bldg.
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95 University Avenue W. Suite 3300
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St. Paul, MN 55155
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(651) 296-4791
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Alexis C. Stangl
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Director
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Senate
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State of Minnesota
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S.F. No. 556 - Deposit of Motor Vehicle Rental or Lease Taxes to Corridors of Commerce Program
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Author:
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Senator Gary H. Dahms
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Prepared By:
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Nora Pollock, Senate Counsel (651/297-8066)
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Date:
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February 14, 2017
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Under current law, revenue derived from the motor vehicle lease or rental sales tax is deposited to the general fund. The 9.2% tax applies to the sales price of leases or rentals of passenger automobiles for not more than 28 days. This bill appropriates the revenue from that tax to the corridors of commerce program authorized under the transportation statutes.
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Check on the status of this bill
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Last review or update: 02/14/2017
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