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MI HB5261

Bill

Official Source

Status

Passed

7/16/2014

Primary Sponsor

Kevin Cotter

Click for details

Origin

House of Representatives

97th Legislature

AI Summary

  • Exempts transfers of vehicles, ORVs, manufactured housing, aircraft, snowmobiles, and watercraft from Michigan's use tax when transferred to certain in-law relatives beginning January 1, 2014.

  • Qualifying recipients include fathers-in-law, mothers-in-law, brothers-in-law, sisters-in-law, sons-in-law, daughters-in-law, and grandparents-in-law of the transferor.

  • Effective date is June 27, 2014 with retroactive application to January 1, 2014.

Legislative Description

Sales tax; exemptions; sale of vehicles to certain family members; exempt. Amends 1937 PA 94 (MCL 205.91 - 205.111) by adding sec. 4bb.

Trade, vehicles

Last Action

Assigned Pa 248'14 With Immediate Effect

7/16/2014

Committee Referrals

Finance5/14/2014
Tax Policy1/29/2014

Full Bill Text

No bill text available