SF54 (Legislative Session 94 (2025-2026))

In lieu tax imposed on older passenger automobiles and collector vehicles expansion to motorcycles

AI Generated Summary

The bill proposes to expand a specific type of tax, which currently applies to older passenger cars and collector vehicles, to also include motorcycles. This tax, known as the "in lieu tax," would be set at $10 on the purchase price of eligible motorcycles, in addition to older passenger automobiles. This change would adjust the existing tax law governing the sale of vehicles, aligning the treatment of motorcycles with that of other older vehicles.

Bill text versions

Actions

DateChamberWhereTypeNameCommittee Name
January 15, 2025HouseFloorActionIntroduction and first reading
January 15, 2025SenateFloorActionIntroduction and first reading
January 15, 2025HouseFloorActionReferred toTransportation
January 15, 2025SenateFloorActionReferred toTransportation
February 02, 2025HouseFloorActionAuthor added
February 02, 2025SenateFloorActionAuthor added

Citations

 
[
  {
    "analysis": {
      "added": [
        "Extends the in lieu tax to include motorcycles."
      ],
      "removed": [
        ""
      ],
      "summary": "This bill modifies the in lieu tax on older passenger automobiles and extends it to motorcycles under section 297B.02, subdivision 2.",
      "modified": [
        "Clarifies the calculation method for the in lieu tax for older vehicles."
      ]
    },
    "citation": "297B.02",
    "subdivision": "subdivision 2"
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "This bill aligns the subdivision with changes made to section 297B.02 to include motorcycles.",
      "modified": [
        "Aligns language to ensure consistency with newly included motorcycle tax provisions."
      ]
    },
    "citation": "297B.02",
    "subdivision": "subdivision 3"
  },
  {
    "analysis": {
      "added": [
        ""
      ],
      "removed": [
        ""
      ],
      "summary": "This bill modifies tax regulations related to older passenger automobiles and motorcycles.",
      "modified": [
        "Updates definitions and applicability of tax provisions to include motorcycles."
      ]
    },
    "citation": "297B.025",
    "subdivision": ""
  }
]