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MI SB0286
Bill
AI Summary
Senate Bill 286 Summary
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Removes the time limitation on 18% of sales tax collections from motor fuel sales, making the distribution permanent instead of limiting it to fiscal year 2013 only.
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Distributes motor fuel sales tax revenue as follows: at least 39.1% to the state trunk line fund to match federal highway funds, with remaining balance split 66% to county road commissions and 34% to cities and villages, capped at $100 million total.
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Caps aviation fuel and aviation products sales tax deposits in the state aeronautics fund at $10 million annually.
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Deposits computer software sales tax collections ($9-$12 million annually) into the Michigan health initiative fund through the Department of Health and Human Services.
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Effective date is October 1, 2015.
Legislative Description
Sales tax; distribution; earmark of percentage of sales tax collected on motor fuel and aviation fuel and products; provide for. Amends sec. 25 of 1933 PA 167 (MCL 205.75).
Sales tax: distribution
Last Action
Referred To Committee On Transportation
4/21/2015