Minnesota SF 54: Voyager Country ATV Trail and Prospector Loop Trail appropriation; Voyager Country ATV Trail and Quad Cities ATV Club appropriation extension

Bill Text

1.1 A bill for an act​
1.2 relating to taxes; motor vehicle sales tax; expanding the in lieu tax imposed on​
1.3 older passenger automobiles and collector vehicles to motorcycles; amending​
1.4 Minnesota Statutes 2024, sections 297B.02, subdivisions 2, 3; 297B.025.​
1.5 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:​
1.6 Section 1. Minnesota Statutes 2024, section 297B.02, subdivision 2, is amended to read:​
1.7 Subd. 2.In lieu tax for older passenger automobile or motorcycle.In lieu of the tax​
1.8 imposed in subdivision 1, there is imposed a tax of $10 on the purchase price of any passenger​
1.9 automobile or motorcycle described in section 297B.025, subdivision 1.​
1.10 EFFECTIVE DATE.This section is effective for sales and purchases made after June​
1.11 30, 2025.​
1.12 Sec. 2. Minnesota Statutes 2024, section 297B.02, subdivision 3, is amended to read:​
1.13 Subd. 3.In lieu tax for collector vehicle.In lieu of the tax imposed in subdivision 1,​
1.14 there is imposed a tax of $150 on the purchase price of a passenger automobile, motorcycle,​
1.15 or a fire truck described in section 297B.025, subdivision 2.​
1.16 EFFECTIVE DATE.This section is effective for sales and purchases made after June​
1.17 30, 2025.​
1​Sec. 2.​
25-01091 as introduced​12/16/24 REVISOR EAP/EH​
SENATE​
STATE OF MINNESOTA​
S.F. No. 54​NINETY-FOURTH SESSION​
(SENATE AUTHORS: GRUENHAGEN and Coleman)​
OFFICIAL STATUS​D-PG​DATE​
Introduction and first reading​67​01/16/2025​
Referred to Transportation​
Author added Coleman​268​02/03/2025​

2.1 Sec. 3. Minnesota Statutes 2024, section 297B.025, is amended to read:​
2.2 297B.025 OLDER PASSENGER AUTOMOBILE; MOTORCYCLE.​
2.3 Subdivision 1.Noncollector vehicle.Purchase or use of a passenger automobile as​
2.4 defined in section 168.002, subdivision 24, or a motorcycle as defined in section 168.002,​
2.5 subdivision 19, shall be taxed pursuant to section 297B.02, subdivision 2, if the passenger​
2.6 automobile or motorcycle (1) is in the tenth or subsequent year of vehicle life, and (2) does​
2.7 not have a resale value of $3,000 or more, as determined using nationally recognized sources​
2.8 of information on automobile resale values, as designated by the registrar of motor vehicles.​
2.9 Subd. 2.Collector vehicle.A passenger automobile that is registered under section​
2.10 168.10, subdivision 1a, 1b, 1c, 1d, or 1h, a motorcycle registered under section 168.105, or​
2.11 a fire truck registered under section 168.10, subdivision 1c, shall be taxed under section​
2.12 297B.02, subdivision 3. If the vehicle is subsequently registered in another class not under​
2.13 section 168.10, subdivision 1a, 1b, 1c, 1d, or 1h, within one year of the date of registration​
2.14 under those subdivisions, it shall be subject to the full excise tax imposed under subdivision​
2.15 1.​
2.16 EFFECTIVE DATE.This section is effective for sales and purchases made after June​
2.17 30, 2025.​
2​Sec. 3.​
25-01091 as introduced​12/16/24 REVISOR EAP/EH​