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MI SB0267

Bill

Status

Introduced

4/15/2015

Primary Sponsor

Goeff Hansen

Click for details

Origin

Senate

98th Legislature

AI Summary

  • Amends the General Sales Tax Act to modify distributions of sales tax revenue collected at a 4% rate for fiscal year 2015-2016 and thereafter.

  • Directs sales tax collections from aviation fuel and aviation products to the state aeronautics fund, with a maximum annual deposit of $10,000,000.

  • Extends aviation fuel tax provisions permanently starting in fiscal year 2015-2016, replacing the previous one-year limitation (fiscal year 2013 only).

  • Maintains existing distributions: 15% to cities, villages, and townships under the Glenn Steil revenue sharing act, and 60% to the state school aid fund.

  • Continues deposits of motor vehicle-related sales tax collections into the comprehensive transportation fund and allocates motor fuel tax revenue to state trunk line fund and county/city road systems.

Legislative Description

Sales tax; distribution; distribution of certain revenue from aviation fuel to be earmarked into the state aeronautics fund; provide for. Amends sec. 25 of 1933 PA 167 (MCL 205.75).

Sales tax: distribution

Last Action

Referred To Committee On Transportation

4/15/2015

Committee Referrals

Transportation4/15/2015

Full Bill Text

No bill text available