Bill > HF5

This bill makes several significant modifications to transportation and tax-related statutes in Minnesota. It increases the electric vehicle registration surcharge from $75 to $150, with 50% of the revenue going to the highway user tax distribution fund and 50% to the transportation advancement account. The bill adjusts various transportation funding allocations, such as modifying the distribution percentages for the transportation advancement account and the regional transportation sales tax. It provides an unlimited subtraction for Social Security benefits on state taxes, removing previous income-based limitations. The bill also repeals the retail delivery fee, adjusts gasoline and special fuel tax rates, and reduces some transit system operations appropriations. Additionally, the bill requires two key analyses: one on motor vehicle registration tax and another on transportation funding impacts, with both reports due by January 15, 2026. The legislation includes provisions for transferring funds between accounts and sets effective dates for various changes, with many provisions becoming effective in 2025. The bill aims to modify transportation funding mechanisms, provide tax relief, and conduct comprehensive reviews of current transportation and tax structures.

Budget and Finance, Transportation and Infrastructure

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF0005&ssn=0&y=2025