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MI HB5570
Bill
Status
4/12/2022
Primary Sponsor
Steven Johnson
Click for details
AI Summary
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Establishes a zero cents per gallon tax rate on motor fuel from April 1, 2022 through September 30, 2022, creating a temporary moratorium on the motor fuel tax.
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Requires that the tax reduction under the moratorium period be passed through to end users and prohibits intermediaries from enriching themselves from the rate reduction.
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Applies the zero tax rate to alternative fuels (compressed natural gas, hydrogen, liquefied natural gas) during the same April 1 - September 30, 2022 period.
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Maintains annual tax rate adjustments based on inflation (multiplying the prior year rate by 1 plus the lesser of 0.05 or the inflation rate) when the moratorium is not in effect.
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Requires the Department of Treasury to publish notice of applicable tax rates at least 30 days before the effective date.
Legislative Description
Transportation: motor fuel tax; moratorium on motor fuel tax; provide for. Amends secs. 8 & 152 of 2000 PA 403 (MCL 207.1008 & 207.1152).
Transportation: motor fuel tax
Last Action
Re-referred To Committee On Tax Policy
4/12/2022