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MI HB5067
Bill
Status
Introduced
6/17/2021
Primary Sponsor
Felicia Brabec
Click for details
AI Summary
- Exempts sales of firearm safety devices from Michigan sales and use tax for the period beginning 90 days after enactment through December 31, 2021
- Defines "firearm safety devices" as safes, lock boxes, trigger and barrel locks, and other items designed to enhance home firearm safety
- Requires firearm sellers to provide written notice to purchasers and post conspicuous notices at all points of sale stating the tax exemption applies through December 31, 2021
- Directs the legislature to annually appropriate state general fund dollars to the state school aid fund to fully compensate for any revenue loss resulting from the exemption
Legislative Description
Sales tax: exemptions; firearm safety devices; exempt. Amends 1933 PA 167 (MCL 205.51 - 205.78) by adding sec. 4ll.
Sales tax: exemptions
Last Action
Bill Electronically Reproduced 06/17/2021
6/22/2021
Committee Referrals
Tax Policy6/17/2021
Full Bill Text
No bill text available