SB 0357
Sales tax: distribution; disposition of money received and collected; revise. Amends sec. 25 of 1933 PA 167 (MCL 205.75). TIE BAR WITH: SB 0358'25
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Sign in to take action- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Bill overview
This bill revises how Michigan’s sales tax revenue is distributed. It directs a portion of the tax revenue to various state funds, including the state school aid fund, comprehensive transportation fund, and state aeronautics fund. Specifically, it outlines how funds are allocated for fuels, motor vehicles, aviation fuel, and computer software sales, as well as accounting for specific exemptions and adjustments to account for inflation.
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Primary sponsor
Cosponsor
Jon C. Bumstead
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