Minnesota Statutes 297B.09 – Allocation of Revenue
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Subdivision 1.Deposit of revenues.
(a) Money collected and received under this chapter must be deposited as follows:
(1) 60 percent in the highway user tax distribution fund;
(2) 34.3 percent in the metropolitan area transit account under section 16A.88; and
(3) 5.7 percent in the greater Minnesota transit account under section 16A.88.
(b) It is the intent of the legislature that the allocations under paragraph (a) remain unchanged for fiscal year 2024 and all subsequent fiscal years.
Subd. 2.
Terms Used In Minnesota Statutes 297B.09
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Tax: means any fee, charge, exaction, or assessment imposed by a governmental entity on an individual, person, entity, transaction, good, service, or other thing. See Minnesota Statutes 645.44
Terms Used In Minnesota Statutes 297B.09
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Tax: means any fee, charge, exaction, or assessment imposed by a governmental entity on an individual, person, entity, transaction, good, service, or other thing. See Minnesota Statutes 645.44
[Repealed, 1987 c 358 s 132]
Subd. 3.
[Repealed, 1994 c 587 art 2 s 22]