1.1 	A bill for an act
1.2 	relating to taxation; modifying allocation of motor vehicle lease sales tax revenue; 
1.3 	amending Minnesota Statutes 2016, section 297A.815, subdivision 3.
1.4 	BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MINNESOTA:

1.5 	Section 1. Minnesota Statutes 2016, section 297A.815, subdivision 3, is amended to read:
1.6 		Subd. 3.Motor vehicle lease sales tax revenue. (a) ~~For purposes of this subdivision,~~ 
1.7 	~~"net revenue" means an amount equal to the revenues, including interest and penalties,~~ 
1.8 	~~collected under this section, during the fiscal year; less $32,000,000 in each fiscal year.~~
1.9 	~~(b)~~ On or before June 30 of each fiscal year, the commissioner of revenue shall estimate 
1.10 	the amount of ~~the net revenue~~ revenues, including interest and penalties, collected under 
1.11 	this section for the current fiscal year.
1.12 	~~(c)~~ (b) On or after July 1 of the subsequent fiscal year, the commissioner of management 
1.13 	and budget shall transfer the ~~net revenue as~~ revenues estimated in paragraph ~~(b)~~ (a) from 
1.14 	the general fund~~,~~ as follows:
1.15 	(1) ~~$9,000,000 annually until January 1, 2015, and~~ 50 percent ~~annually thereafter~~ to the 
1.16 	county state-aid highway fund. Notwithstanding any other law to the contrary, the 
1.17 	commissioner of transportation shall allocate the funds transferred under this clause to the 
1.18 	counties ~~in~~ immediately surrounding and adjacent to the metropolitan area, as defined in 
1.19 	section 473.121, subdivision 4, ~~excluding the counties of Hennepin and Ramsey,~~ so that 
1.20 	each county shall receive of such amount the percentage that its population, as defined in 
1.21 	section 477A.011, subdivision 3, estimated or established by July 15 of the year prior to 
2.1 	the current calendar year, bears to the total population of the counties receiving funds under 
2.2 	this clause; and
2.3 	(2) ~~the remainder~~ 50 percent to the greater Minnesota transit account.

2.4 	EFFECTIVE DATE. This section is effective July 1, 2017.