HB 4210
Sales tax: distribution; disposition of money to the comprehensive transportation fund; modify. Amends sec. 25 of 1933 PA 167 (MCL 205.75).
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Sign in to take action- Introduced
- Passed House
- Passed Senate
- To Governor
- Became Law
Bill overview
This bill modifies how Michigan’s sales tax revenue is distributed. It adjusts the percentage of sales tax collected that goes to the comprehensive transportation fund, particularly for fuels sold for vehicles and motor vehicle parts. The bill also specifies how revenue from a 2% sales tax on aviation fuel is allocated to the state aeronautics and qualified airport funds. Additionally, it addresses revenue lost due to certain tax exemptions and exclusions, directing those funds to the state school aid fund. Finally, the bill establishes a timeline for changes to the transportation fund distribution.
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