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MI HB4269
Bill
Status
Introduced
2/26/2015
Primary Sponsor
Ricky Outman
Click for details
AI Summary
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Amends the General Sales Tax Act to add a new exclusion from "sales price" for core charges attributable to recycling fees, deposits, or disposal fees for automobile parts or automobile batteries.
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Core charges for auto parts and batteries are excluded from the sales tax base, meaning tax is calculated only on the difference between the sale price and the core charge amount.
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Takes effect 90 days after enactment.
Legislative Description
Sales tax; collections; sales tax on difference between sale price and core charge of automobile parts; provide for. Amends sec. 1 of 1933 PA 167 (MCL 205.51).
Vehicles: equipment
Last Action
Printed Bill Filed 02/27/2015
3/3/2015
Committee Referrals
Tax Policy2/26/2015
Full Bill Text
No bill text available