HB 5591 Summary

• Imposes a $1.00 per day assessment on motor vehicle rentals and leases of 30 days or less that begin at or within 1.1 miles of Michigan commercial airports, effective after September 30, 2012.

• Assessment applies only to vehicles designed for 8 or fewer passengers and does not include commercial vehicles like road tractors, school buses, or farm equipment.

• Assessment is collected and administered by the Department of Treasury using existing sales and use tax procedures.

• Proceeds are deposited into the Michigan Car Rental Assessment Fund and may only be expended for road construction and maintenance within 1.1 miles of the commercial airport where the assessment was collected.

• Exempts replacement vehicles provided at no charge for vehicles being repaired and vehicles provided to customers with insurance claims or repair estimates dated within 7 days of the rental.