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MI SB0974
Bill
AI Summary
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Adds a definition of "Motor fuel tax act" to Section 3 of the Streamlined Sales and Use Tax Revenue Equalization Act, clarifying it refers to 2000 PA 403, MCL 207.1001 to 207.1170.
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Modifies Section 5 to suspend the tax on motor fuel and alternative fuel for interstate motor carriers between June 15, 2022 and September 15, 2022 by limiting the tax period to "before June 15, 2022 and after September 15, 2022."
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Allows interstate motor carriers to claim credits for 6% of the price of motor fuel and alternative fuel purchased in Michigan "before June 15, 2022 or after September 15, 2022" when used in qualified commercial motor vehicles, with credits claimed on international fuel tax agreement returns.
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Makes technical changes replacing "shall" with "must" throughout Section 5 for consistency in statutory language.
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Enacting section makes this bill effective only if Senate Bills 972 and 973 are also enacted into law during the 101st Legislature.
Legislative Description
Streamline sales and use tax: other; suspension of sales and use tax on motor fuel; provide for. Amends secs. 3 & 5 of 2004 PA 175 (MCL 205.173 - 205.175).
Transportation: motor fuel tax
Last Action
Referred To Committee On Tax Policy
6/1/2022