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MN HF1286

MN HF1286
Vehicle registration tax amended for disabled veterans.


summary

Introduced
02/20/2025
In Committee
02/20/2025
Crossed Over
Passed
Dead

Introduced Session

94th Legislature 2025-2026

Bill Summary

A bill for an act relating to transportation; amending vehicle registration tax for disabled veterans; amending Minnesota Statutes 2024, section 168.013, subdivision 8, by adding a subdivision.

AI Summary

This bill amends Minnesota's vehicle registration tax law to provide a tax reduction for disabled veterans. Specifically, the bill allows disabled veterans to pay a reduced vehicle registration tax proportional to their disability rating as determined by the United States Department of Veterans Affairs. The reduction applies to only one vehicle per veteran at a time. To ensure this tax reduction does not negatively impact highway funding, the bill requires the commissioner of management and budget to transfer an amount equal to the total tax reductions from the general fund to the highway user tax distribution fund by July 15 of each fiscal year. This means that while disabled veterans will pay less in vehicle registration taxes, the highway funding will be fully compensated through a separate transfer, effectively making the tax reduction cost-neutral to the state's transportation funding.

Committee Categories

Transportation and Infrastructure

Sponsors (10)

Last Action

Author added Sexton (on 03/10/2025)

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