HF1286 (Legislative Session 94 (2025-2026))
Vehicle registration tax amended for disabled veterans.
Related bill: SF131
AI Generated Summary
This bill, H.F. No. 1286, proposed in the 94th session of the Minnesota House of Representatives, seeks to amend Minnesota Statutes 2024, section 168.013, to modify the vehicle registration tax for disabled veterans.
Key Provisions:
Tax Reduction for Disabled Veterans
- The bill introduces a new subdivision (1n) to section 168.013, which reduces the vehicle registration tax for disabled veterans.
- The reduction is based on the veteran's disability rating percentage as determined by the U.S. Department of Veterans Affairs (VA).
- Only one vehicle per veteran qualifies for this tax reduction at any given time.
- The bill introduces a new subdivision (1n) to section 168.013, which reduces the vehicle registration tax for disabled veterans.
Funding Adjustments
- The bill amends subdivision 8 of section 168.013 to ensure that any reductions in registration tax revenue due to this new benefit are compensated by transfers from the general fund.
- Each year, by July 15, the Commissioner of Management and Budget must transfer an amount equal to the total tax reductions given to veterans under this provision to the Highway User Tax Distribution Fund.
- The bill amends subdivision 8 of section 168.013 to ensure that any reductions in registration tax revenue due to this new benefit are compensated by transfers from the general fund.
Purpose of the Bill:
The bill aims to financially assist disabled veterans by reducing their vehicle registration costs while ensuring that the resulting decrease in tax revenue does not negatively impact the state’s transportation funding.
Bill text versions
- Introduction PDF file
Actions
Date | Chamber | Where | Type | Name | Committee Name |
---|---|---|---|---|---|
February 19, 2025 | House | Floor | Action | Introduction and first reading, referred to | Transportation Finance and Policy |
February 23, 2025 | House | Floor | Action | Author added | |
March 09, 2025 | House | Floor | Action | Author added |
Citations
[ { "analysis": { "added": [ "A new subdivision clarifying tax reduction based on the veteran's disability rating." ], "removed": [], "summary": "This bill modifies the vehicle registration tax for disabled veterans under section 168.013.", "modified": [ "Tax proceeds allocation procedure updated." ] }, "citation": "168.013" }, { "analysis": { "added": [], "removed": [], "summary": "This bill references the deposit of fees collected under chapter 168 into the driver and vehicle services operating account as per section 299A.705.", "modified": [] }, "citation": "299A.705" } ]