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MI SB0986
Bill
AI Summary
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Exempts eligible fuel from use tax effective through March 31, 2023, where "eligible fuel" means any fuel subject to the motor fuel tax under 2000 PA 403.
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Requires revenue lost from the fuel exemption under new section 4ii to be deposited into the state school aid fund, similar to existing exemptions.
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Modifies section 21 to reference the new fuel exemption alongside existing exemptions in sections 4(1)(gg) and 4cc for school aid fund deposit calculations.
Legislative Description
Use tax: collections; suspension of use tax on motor fuel; provide for. Amends sec. 21 of 1937 PA 94 (MCL 205.111) & adds sec. 4ii.
Transportation: motor fuel tax
Last Action
Referred To Committee On Transportation And Infrastructure
3/24/2022
Committee Referrals
Transportation And Infrastructure3/24/2022
Full Bill Text
No bill text available