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MI HB4863

Bill

Official Source

Status

Introduced

8/29/2019

Primary Sponsor

Beau LaFave

Click for details

Origin

House of Representatives

100th Legislature

AI Summary

HB 4863 Summary

  • Adds Section 4ff to the General Sales Tax Act to allow persons subject to sales tax to exclude firearm and ammunition sales from gross proceeds used to calculate tax liability.

  • Defines "ammunition" as any projectile that may currently be expelled from a firearm by an explosive.

  • Defines "firearm" as any weapon that will, is designed to, or may readily be converted to expel a projectile by action of an explosive.

Legislative Description

Sales tax; exemptions; certain weapons and ammunition; exempt. Amends 1933 PA 167 (MCL 205.51 - 205.78) by adding sec. 4ff.

Sales tax: exemptions

Last Action

Bill Electronically Reproduced 09/03/2019

9/3/2019

Committee Referrals

Tax Policy8/29/2019

Full Bill Text

No bill text available