MI SB0985

Amends the Streamlined Sales and Use Tax Revenue Equalization Act to add a definition of "Motor fuel tax act" as 2000 PA 403, MCL 207.1001 to 207.1170, and renumbers subsequent definition subsections accordingly.

Suspends the motor fuel tax on interstate motor carriers effective upon enactment of an amendatory act adding section 4ii to the Use Tax Act, 1937 PA 94, and beginning April 1, 2023, until that amendatory act takes effect.

Allows interstate motor carriers a credit for 6% of motor fuel and alternative fuel prices purchased in Michigan before the effective date of the Use Tax Act amendment or after March 31, 2023, when used in qualified commercial motor vehicles.

Makes the bill effective only if Senate Bills No. 984 and 986 of the 101st Legislature are also enacted into law.