1.1 	A bill for an act
1.2 	relating to taxation; changing the deposit of revenues from the sales tax on 
1.3 	motor vehicle leases; amending Minnesota Statutes 2005 Supplement, section 
1.4 	297A.815, by adding a subdivision.
1.5 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.6 	Section 1. Minnesota Statutes 2005 Supplement, section 297A.815, is amended by 
1.7 	adding a subdivision to read:
1.8 		Subd. 3.Deposit of revenues. (a) Notwithstanding any law to the contrary, money 
1.9 	collected and received under this section must be deposited as provided in this subdivision.
1.10 	(b) From July 1, 2006, to June 30, 2007, 30.82 percent of the   money collected 
1.11 	and received must be deposited in the highway   user tax distribution fund, 21.5 percent 
1.12 	must be deposited in   the metropolitan area transit fund under section 16A.88, and 1.43 
1.13 	percent must be deposited in the greater Minnesota transit fund   under section 16A.88. The 
1.14 	remaining   money must be deposited in the general fund. 
1.15 	(c) From July 1, 2007, to June 30, 2008, 32 percent of the money   collected and 
1.16 	received must be deposited in the highway user tax   distribution fund, 20.5 percent must be 
1.17 	deposited in the   metropolitan area transit fund under section 16A.88, and 1.25   percent 
1.18 	must be deposited in the greater Minnesota transit fund   under section 16A.88.  The 
1.19 	remaining money must be deposited in   the general fund.  
1.20 	(d) From July 1, 2008, to June 30, 2009, 44.25 percent of the money collected and 
1.21 	received must be deposited in the highway user tax distribution fund, 28.025 percent must 
1.22 	be deposited in the metropolitan area transit fund under section 16A.88, 1.475 percent 
1.23 	must be deposited in the greater Minnesota transit fund under section 16A.88. The 
1.24 	remaining money must be deposited in the general fund. 
2.1 	(e) From July 1, 2009, to June 30, 2010, 50.25 percent of the money collected and 
2.2 	received must be deposited in the highway user tax distribution fund, 31.825 percent must 
2.3 	be deposited in the metropolitan area transit fund under section 16A.88, 1.675 percent 
2.4 	must be deposited in the greater Minnesota transit fund under section 16A.88. The 
2.5 	remaining money must be deposited in the general fund. 
2.6 	(f) From July 1, 2010, to June 30, 2011, 56.25 percent of the money collected and 
2.7 	received must be deposited in the highway user tax distribution fund, 35.625 percent must 
2.8 	be deposited in the metropolitan area transit fund under section 16A.88, 1.875 percent 
2.9 	must be deposited in the greater Minnesota transit fund under section 16A.88. The 
2.10 	remaining money must be deposited in the general fund.
2.11 	(g) On and after July 1, 2011, 60 percent of the money collected and received must 
2.12 	be deposited in the highway user tax distribution fund, 38 percent must be deposited in the 
2.13 	metropolitan area transit fund under section 16A.88, and two percent must be deposited in 
2.14 	the greater Minnesota transit fund under section 16A.88.

2.15 	EFFECTIVE DATE. This section is effective July 1, 2006.