MI SB0418

Imposes a privilege tax of 3 cents per gallon on all fuel used to propel aircraft using aeronautical facilities in Michigan.

Provides a refund of 1.5 cents per gallon to airline operators who demonstrate interstate scheduled operations and provide proof of purchase within 6 months.

Requires collection and remittance of the tax using the same methods and timeline as the state gasoline tax under the Motor Fuel Tax Act.

Exempts aviation fuel purchased for formulating leaded racing fuel from the tax, requiring it to be labeled "aviation fuel exempt for LRF" on shipping papers and invoices.

Requires persons not registered with the Department of Treasury to pay the standard motor fuel tax rate instead of the 3-cent aviation fuel rate; takes effect 90 days after enactment contingent on passage of SB 425, 426, 612, 613, and 614.