In lieu tax imposed on older passenger automobiles and collector vehicles expansion to motorcycles

This bill expands Minnesota's existing "in lieu tax" for older vehicles to include motorcycles. It creates a $10 tax (replacing the regular sales tax) for motorcycles that are 10+ years old and valued under $3,000, and a $150 tax for collector motorcycles registered under specific classifications. The tax applies to purchases made after June 30, 2025, directly affecting owners of qualifying older and collector motorcycles. The change aligns motorcycles with passenger cars under the current tax structure for these vehicle categories.