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MI HB6172
Bill
Status
6/9/2022
Primary Sponsor
Scott VanSingel
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AI Summary
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Creates a new subsection requiring that collections from the 4% general sales tax on aviation fuel be deposited into the state aeronautics fund beginning fiscal year 2022, with a minimum of $10,000,000 deposited annually.
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Maintains existing distributions including 15% of 4% tax collections to cities, villages, and townships under revenue sharing; 60% of 4% tax collections to the state school aid fund; and portions of 2% tax collections to aviation and airport funds.
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Preserves the comprehensive transportation fund deposit requirement of at least 27.9% of 25% of motor vehicle-related sales tax collections.
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Retains the Michigan health initiative fund deposit requirement of $9,000,000 to $12,000,000 annually from computer software sales tax collections.
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Renumbers existing subsections (9) and (10) to become subsections (10) and (11) to accommodate the new aviation fuel deposit requirement.
Legislative Description
Sales tax: distribution; distribution of certain revenue from aviation fuel to be earmarked into the state aeronautics fund; provide for. Amends sec. 25 of 1933 PA 167 (MCL 205.75).
Sales tax: distribution
Last Action
Bill Electronically Reproduced 06/09/2022
6/14/2022