MI HB5174

Establishes a 10% excise tax on admission charges to entertainment events held in cities with populations of 100,000 or more, with exemptions for high school, middle school, elementary school events, nonprofit/charitable organization events, and collegiate athletic events.

Defines "entertainment event" to include zoos, live theater, museums, operas, professional sporting events, concerts, temporary entertainment productions, botanical gardens, amusement parks, and cultural festivals with seating capacity of 500 or more.

Tax collected and administered by the state treasurer using the same methods as the use tax under existing Michigan law, with taxpayers permitted to add the tax amount to admission charges.

Tax revenue deposited into a newly created entertainment tax fund within the state treasury, with money remaining in the fund rather than reverting to general fund at fiscal year end.

Fund expenditures distributed as follows: 75% for other postemployment retirement benefits for police officers and firefighters in the qualified municipality where the event occurred, and 25% for regular retirement benefits for police officers and firefighters in that same municipality.