ST. PAUL, Minn. -- Minnesota House Republicans last week proposed a state budget that would require upfront payment of sales tax for car leases, a provision backed by Governor Tim Pawlenty. Backers of the proposal (HB3051) say it will provide the state an extra $36 million in revenue. Minnesota currently collects lease taxes on a monthly basis over the course of the lease agreement. The bill, submitted by Representative Ron Abrams, would also require lessors to collect tax over the course of the lease agreement for extra charges not calculated at the time of the lease agreement's signing.
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