Minneslate Logo

HF5 (Legislative Session 94 (2025-2026))

Imposition and allocation of certain taxes modified, tax analysis required, transportation funding impacts analysis required, retail delivery fee repealed, unlimited Social Security subtraction provided, previous appropriation and transfer modified, reports required, money transferred, and money appropriated.

AI Generated Summary

This bill in Minnesota addresses several key issues regarding government finance and tax policies:

  1. Modifying Taxes: It proposes changes in how certain taxes are imposed and allocated.
  2. Tax Analysis: The bill calls for specific analyses to be conducted on certain taxes.
  3. Retail Delivery Fee: It proposes the repeal of a fee associated with retail delivery.
  4. Social Security Subtraction: It includes a provision for an unlimited subtraction from the taxable income regarding Social Security benefits, which means all Social Security income would be tax-free.
  5. Reporting Requirement: It requires a report to be prepared concerning these legislative changes.
  6. Amendments and Repeals in Statutes: The bill amends various sections of the Minnesota Statutes 2024, particularly those related to transportation finance and sales tax provisions. It also repeals certain statutes concerning vehicle registration.

The "Transportation Advancement Account" specifically mentioned is set to be a special revenue fund that will include funds from specified sections along with money donated, transferred, or provided by law. This account could support transportation-related initiatives or improvements.

This legislative proposal will go through the Committee on Transportation Finance and Policy for further discussion and evaluation.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
February 05, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy
February 05, 2025HouseFloorActionIntroduction and first reading, referred toTransportation Finance and Policy
February 09, 2025HouseFloorActionAuthors added
February 09, 2025HouseFloorActionAuthors added
February 12, 2025HouseFloorActionCommittee report, to adopt as amended and re-refer toTaxes
February 12, 2025HouseFloorActionCommittee report, to adopt as amended and re-refer toTaxes
February 12, 2025HouseFloorActionAuthors added
February 12, 2025HouseFloorActionAuthors added
February 19, 2025HouseFloorActionAuthor added
February 19, 2025HouseFloorActionAuthor added
February 23, 2025HouseFloorActionAuthors added
February 23, 2025HouseFloorActionAuthors added
March 02, 2025HouseFloorActionCommittee report, to adopt as amended and re-refer toTransportation Finance and Policy
March 02, 2025HouseFloorActionCommittee report, to adopt as amended and re-refer toTransportation Finance and Policy

Citations

 
[
  {
    "analysis": {
      "added": [
        "Increased surcharge amount for all-electric vehicles."
      ],
      "removed": [],
      "summary": "This provision modifies the surcharge on electric vehicles under section 168.013, subdivision 1m.",
      "modified": [
        "Reallocates the surcharge revenue to different funds."
      ]
    },
    "citation": "168.013",
    "subdivision": "subdivision 1m"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This section deals with changes related to vehicle registration and taxes under sections 168.1287, subdivisions 1 and 5.",
      "modified": [
        "Changes the allocation of registration fees."
      ]
    },
    "citation": "168.1287",
    "subdivision": "subdivisions 1, 5"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "This legislation alters transportation funding mechanisms in sections 174.49, subdivisions 2 and 3.",
      "modified": [
        "Modifies funding allocation for transportation projects."
      ]
    },
    "citation": "174.49",
    "subdivision": "subdivisions 2, 3"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "The bill amends tax analysis requirements under section 270C.15.",
      "modified": [
        "Specifies requirements for tax analysis regarding new legislation."
      ]
    },
    "citation": "270C.15",
    "subdivision": ""
  },
  {
    "analysis": {
      "added": [
        "A new subtraction for unlimited Social Security benefits."
      ],
      "removed": [],
      "summary": "Modifies income tax subtractions under section 290.0132, subdivision 26.",
      "modified": [
        "Adjustment of income brackets for subtraction eligibility."
      ]
    },
    "citation": "290.0132",
    "subdivision": "subdivision 26"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Changes provisions related to the petroleum tax under section 296A.07, subdivision 3.",
      "modified": [
        "Updates the tax rate on petroleum products."
      ]
    },
    "citation": "296A.07",
    "subdivision": "subdivision 3"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Adjustments are made to section 296A.08, subdivision 2, affecting tax refunds.",
      "modified": [
        "New procedures for filing petroleum tax refunds."
      ]
    },
    "citation": "296A.08",
    "subdivision": "subdivision 2"
  },
  {
    "analysis": {
      "added": [],
      "removed": [],
      "summary": "Amendments are made under section 297A.9915, subdivision 4 concerning sales tax.",
      "modified": [
        "Clarifies conditions for sales tax exemptions."
      ]
    },
    "citation": "297A.9915",
    "subdivision": "subdivision 4"
  }
]

Sponsors