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MI HB4606

Bill

Status

Introduced

5/14/2015

Primary Sponsor

Philip Potvin

Click for details

Origin

House of Representatives

98th Legislature

AI Summary

  • Deposits all general sales tax revenue to the state general fund, with specified distributions to other funds as detailed in the section.

  • Distributes 15% of 4% rate collections to cities, villages, and townships through the Glenn Steil revenue sharing act.

  • Deposits 60% of 4% rate collections plus all 2% additional rate collections (approved in 1994) into the state school aid fund.

  • Allocates at least 27.9% of 25% of motor fuel, vehicle, and vehicle parts sales tax collections at the 4% rate to the comprehensive transportation fund.

  • Beginning October 1, 2015, directs remaining motor fuel sales tax collections after other allocations to be distributed under section 10(1)(k) of 1951 PA 51.

Legislative Description

Sales tax; distribution; portion of sales tax revenue; earmark to transportation fund. Amends sec. 25 of 1933 PA 167 (MCL 205.75).

State agencies (existing): transportation

Last Action

Referred To Committee On Government Operations

6/11/2015

Committee Referrals

Government Operations6/11/2015
Roads And Economic Development5/14/2015

Full Bill Text

No bill text available