Plastic bottle excise tax proposed to fund water infrastructure projects, account established, and money appropriated.

This bill proposes a tax on plastic bottles containing less than three liters of beverage in Minnesota to raise funds for water infrastructure projects. The tax would be levied on distributors who sell these bottles to retailers, with the revenue collected in a dedicated state account managed by the Public Facilities Authority. Money in this account can only be used to finance specific water-related projects approved by the authority, and the tax is scheduled to begin on January 1, 2027, with provisions set to expire in 2031.