MI HB6026

Creates a metropolitan areas component of the existing 6% use tax, effective October 1, 2015, with revenue allocated to a new metropolitan areas authority for local purposes including police and fire protection.

Maintains the total combined use tax rate at 6% by reducing the state component proportionally as the metropolitan areas component increases, with specific revenue targets ranging from $41.7 million in fiscal year 2015-2016 to $362.4 million in fiscal year 2022-2023.

Designates the metropolitan areas component as a local tax of the authority rather than state funds, with collections transmitted directly to the authority instead of the state treasury.

Requires the 2% use tax rate approved by voters in 1994 dedicated to school aid to remain in the state component and be deposited in the school aid fund.

Takes effect January 1, 2015, only if approved by a majority of Michigan voters at the August 2014 election.