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MI SB0619
Bill
AI Summary
- Amends the Use Tax Act to modify how tax collections are deposited into state funds
- Requires $9,500,000 from use tax collections to be deposited into the Michigan promotion fund for fiscal year ending September 30, 2010 only
- Maintains existing provisions directing other use tax collections to the general fund and school aid fund
- Takes effect immediately upon approval on March 31, 2010
Legislative Description
Use tax; collections; deposit of certain amount from general fund to Michigan promotion fund; provide for. Amends sec. 21 of 1937 PA 94 (MCL 205.111).
Economic development, other
Last Action
Assigned Pa 0037'10 With Immediate Effect
4/13/2010
Committee Referrals
Tourism, Outdoor Recreation And Natural Resources3/3/2010
Finance6/3/2009
Full Bill Text
No bill text available