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MI HB6083
Bill
Status
5/29/2018
Primary Sponsor
Michael Webber
Click for details
AI Summary
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Allows persons subject to Michigan's general sales tax to exclude sales of new alternative energy vehicles and converted motor vehicles from gross proceeds used to compute the tax, effective January 1, 2019.
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Provides exclusion amounts based on vehicle empty weight: $1,000 (up to 6,000 lbs), $2,500 (6,001-16,000 lbs), $5,000 (16,001-26,000 lbs), and $7,500 (over 26,000 lbs).
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Extends the exclusion to new alternative energy vehicles purchased for lease if the lease term is at least 2 years.
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Defines "alternative energy vehicle" to include alternative fueled vehicles, fuel cell vehicles, electric vehicles, hybrid vehicles, solar vehicles, and hybrid electric vehicles that meet federal motor vehicle safety standards and local emissions standards.
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Specifies that "new" alternative energy vehicles must not be demonstrators, executive/manufacturer vehicles, leased vehicles, or used/secondhand vehicles.
Legislative Description
Sales tax; exemptions; purchase of an alternative energy vehicle; provide for. Amends 1933 PA 167 (MCL 205.51 - 205.78) by adding sec. 4ff.
Sales tax: exemptions
Last Action
Bill Electronically Reproduced 05/29/2018
5/30/2018