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What's New: Advocacy

Minnesota Repeals Bond Required for Fuel Distributors and Special Fuel Dealers

Tuesday, August 27, 2019  

Minnesota Repeals Bond Required for Fuel Distributors and Special Fuel Dealers

In Minnesota’s one-day special session, a package of budget bills passed that included some legislative issues that did not pass in the regular session. Provisions were included one of the budget bills under HB 5a that repeal the bond that was required for fuel distributors and special fuel dealers. The initial bond amount required was $3,000 and the Commissioner of Revenue determined the bond amount required. The new law imposes penalties of refusal to issue, suspend or revoke a fuel distributor or special fuel dealer’s license for failing to pay the tax.

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