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MI HB5681
Bill
Status
Introduced
3/6/2018
Primary Sponsor
Peter Lucido
Click for details
AI Summary
- Establishes allocation of general sales tax collections at 4% rate: 15% to local governments, 60% to state school aid fund, and remaining balance to general fund
- Directs at least 27.9% of 25% of sales tax on motor vehicle fuels, vehicles, and parts to the comprehensive transportation fund annually
- Allocates 35% of 2% sales tax on aviation fuel to state aeronautics fund and 65% to qualified airport fund, with annual reconciliation of actual collections
- Deposits all sales tax collections on computer software (4% rate) into Michigan health initiative fund, with annual deposits between $9,000,000 and $12,000,000
- Allocates up to $6,000,000 annually from remaining 4% sales tax collections into fireworks safety fund for firefighter training beginning fiscal year 2018
Legislative Description
Sales tax; distribution; certain portion of sales tax into the fireworks safety fund for the training of firefighters; create an earmark. Amends sec. 25 of 1933 PA 167 (MCL 205.75).
Sales tax: distribution
Last Action
Bill Electronically Reproduced 03/06/2018
3/7/2018
Committee Referrals
Appropriations3/6/2018
Full Bill Text
No bill text available