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MI HB4025
Bill
Status
7/18/2012
Primary Sponsor
David Agema
Click for details
AI Summary
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Directs 15% of 4% sales tax collections to cities, villages, and townships under the Glenn Steil state revenue sharing act of 1971.
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Allocates 60% of 4% sales tax collections to the state school aid fund, plus all collections from an additional 2% sales tax approved by voters on March 15, 1994.
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Deposits at least 27.9% of 25% of sales tax on motor vehicle fuels, vehicles, parts, and accessories into the comprehensive transportation fund.
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For fiscal year ending September 30, 2013 only, distributes 18% of sales tax collections from motor fuel sales with at least 39.1% to the state trunk line fund for federal highway matching, 66% of remaining balance to county road commissions, and 34% to cities and villages, capped at $100,000,000 total.
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Deposits sales tax collections on aviation fuel and aviation products (up to $10,000,000 maximum) into the state aeronautics fund for fiscal year 2013 only, and directs $9,000,000 to $12,000,000 annually from computer software sales tax to the Michigan health initiative fund.
Legislative Description
Sales tax; distribution; distribution of certain revenue from aviation fuel to be earmarked into the state aeronautics fund; provide for. Amends sec. 25 of 1933 PA 167 (MCL 205.75).
Sales tax, distribution
Last Action
Assigned Pa 226'12 With Immediate Effect
7/18/2012