MI HB6451

Amends the General Sales Tax Act to redirect sales tax revenue from computer software from the Michigan health initiative fund to the state aeronautics fund.

Sales tax collections from computer software at the 4% rate shall be deposited into the state aeronautics fund and expended only for purposes authorized under the aeronautics code of Michigan.

The change applies beginning on the effective date of this amendatory act, replacing the previous requirement that such revenue be deposited into the Michigan health initiative fund with an annual range of $9,000,000 to $12,000,000.

Maintains existing distributions of sales tax revenue to cities, villages, townships (15% of 4% rate), school aid fund (60% of 4% rate), and comprehensive transportation fund (portions of motor vehicle-related taxes).

Funds deposited to the state aeronautics fund are contingent upon legislative appropriation and are restricted to aeronautics purposes under the 1945 PA 327 aeronautics code.