MI HB6376

Adds definitions for "car sharing program agreement," "peer-to-peer car sharing," and "peer-to-peer car sharing program" to the Use Tax Act.

Extends the exemption for rental receipts to include peer-to-peer car sharing receipts under a car sharing program agreement if the vehicle was previously subject to Michigan sales or use tax or taxed by another state at 6% or more.

Requires marketplace facilitators to collect and remit use tax on all taxable peer-to-peer car sharing transactions facilitated under a car sharing program agreement in addition to other taxable sales.

Establishes that marketplace facilitators are liable for taxes on peer-to-peer car sharing transactions and provides liability protections when they rely on incorrect information from marketplace sellers.

Bill takes effect only if House Bill No. 4917 of the 101st Legislature is enacted into law.