MI SB0991

Adds a sales tax exemption effective January 1, 2017 for core charges attributable to recycling fees, deposits, or disposal fees on motor vehicle or recreational vehicle parts or batteries when separately stated on invoices or bills of sale.

Clarifies that the core charge exemption applies when the recycling fee, deposit, or disposal fee is separately itemized and identified to the purchaser on documentation.

Amends the definition of "sales price" in Michigan's 1933 Public Revenue Act to exclude the specified core charges from taxable sales calculations.

Maintains existing exemptions for trade-ins, employee discounts, financing charges, and other previously defined exclusions from sales price calculations.