Bill > SF3523

This bill modifies the allocation of regional transportation sales tax revenue in the Minneapolis-Saint Paul metropolitan area, making several key changes to how funds are distributed. Specifically, the bill adjusts the percentage of sales tax revenue allocated to different entities: reducing the Metropolitan Council's primary allocation from 83% to 75.882%, adding a new 5.281% allocation for replacement transit services, maintaining the 17% allocation to metropolitan counties, and introducing a new 1.837% allocation to the University of Minnesota for student transit services. The bill requires the Metropolitan Council to use the new 5.281% allocation specifically to provide financial assistance to the Minnesota Valley Transit Authority (MVTA), with the stipulation that this funding is additional to existing allocations and cannot be retained by the council. The bill also specifies that the Metropolitan Council must continue to use its primary sales tax revenue for various transit purposes, including active transportation, bus service improvements, transit safety, accessibility, zero-emission bus procurement, and microtransit services. The changes are set to take effect on July 1, 2025, providing time for transit agencies and the Metropolitan Council to prepare for the new funding structure.

Transportation and Infrastructure

https://www.revisor.mn.gov/bills/bill.php?b=Senate&f=SF3523&ssn=0&y=2025