Motor vehicle registration tax holiday authorization for one year

This bill would temporarily waive vehicle registration taxes for anyone purchasing or renewing a car in Minnesota between January 1, 2027, and December 31, 2027. For new purchases, the tax is removed entirely, while for renewals, the registration is automatically extended by one year without requiring payment or new license plate tabs. The tax waiver does not apply to the additional fees charged specifically for electric vehicles or plug-in hybrids. The law takes effect immediately upon final passage by the legislature.