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MI HB5459
Bill
Status
4/17/2014
Primary Sponsor
Peter Pettalia
Click for details
AI Summary
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15% of 4% sales tax collections distributed to cities, villages, and townships under the Glenn Steil state revenue sharing act of 1971.
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60% of 4% sales tax collections plus all 2% additional sales tax (approved March 15, 1994) deposited in state school aid fund.
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At least 27.9% of 25% of 4% sales tax on motor fuel, vehicles, and related parts deposited annually in comprehensive transportation fund.
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For fiscal year ending September 30, 2015 and thereafter, remaining balance of sales tax on motor fuel distributed to state trunk line fund, county road commissions, and cities/villages using percentages in MCL 247.660.
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Sales tax collections from computer software sales deposited in Michigan health initiative fund with annual limits of $9,000,000 to $12,000,000; remaining balance goes to state general fund on legislative appropriation.
Legislative Description
Sales tax; distribution; portion of sales tax revenue; earmark distribution and limit use to transportation purposes. Amends sec. 25 of 1933 PA 167 (MCL 205.75).
Transportation, funds
Last Action
Referred To Committee On Infrastructure Modernization
5/13/2014