HB 4364 Summary

• Adds exemption from use tax for college textbooks purchased or leased by full- or part-time students presenting valid student identification for courses at Michigan institutions of higher education.

• Changes several references in the Use Tax Act from archaic language (e.g., "shall," "which," "persons") to modern grammar ("must," "that," "individuals").

• Clarifies tax exemption language for agricultural operations, nonprofits, and churches by updating terminology and references to state and federal statutes.

• Adds definition of "institution of higher education" as degree- or certificate-granting public or private colleges, universities, junior colleges, or community colleges in Michigan.

• Takes effect 90 days after enactment into law.