Establishes a temporary reduction in the rates of the motor fuels tax.

For a transaction or activity giving rise to a tax under Minnesota Statutes, section 296A.07 or 296A.08, that occurs during the period beginning July 1, 2023, and ending
December 31, 2024: the tax rate imposed under Minnesota Statutes, section 296A.07, subdivision 3, is as follows:
(i) under clause (1), 10.65 cents per gallon;
(ii) under clause (2), 8.55 cents per gallon; and
(iii) under clause (3), 15 cents per gallon; and
(2) the tax rate imposed under Minnesota Statutes, section 296A.08, subdivision 2, is as follows:
(i) under paragraph (a), 11.25 cents per gallon;
(ii) under paragraph (b), nine cents per gallon;
(iii) under paragraph (c), $0.1184 per thousand cubic feet or 15 cents per gasoline equivalent, as defined in that section; and
(iv) under paragraph (d), 15 cents per gallon.
(b) For a transaction or activity giving rise to a tax under Minnesota Statutes, section 296A.08, subdivision 4, that occurs during the period specified in paragraph (a), the rate of
the tax is 15 cents per gallon.

Carries-over to 2024. Companion to HF 3287.

05/04/2023 Introduced and first reading. Referred to Senate Committee on Transportation.