Bill > SF131

This bill amends Minnesota vehicle registration tax laws to provide a tax reduction for disabled veterans based on their disability rating percentage from the United States Department of Veterans Affairs. Specifically, the bill allows a disabled veteran to pay a percentage of the standard vehicle registration tax that corresponds to their disability rating, with the reduction applying to only one vehicle at a time per veteran owner. To ensure the state is not financially disadvantaged by this tax reduction, the bill requires the commissioner of management and budget to transfer funds from the general fund to the highway user tax distribution fund by July 15 of each fiscal year, compensating for the total tax reductions provided to disabled veterans in the preceding fiscal year. This legislation aims to provide financial relief for disabled veterans by reducing their vehicle registration tax burden in proportion to their service-connected disability rating.

Transportation and Infrastructure

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF0131&ssn=0&y=2025