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MI SB1029
Bill
AI Summary
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Establishes a temporary zero-cent motor fuel tax from June 15, 2022 through September 15, 2022 on gasoline, diesel fuel, and alternative fuels.
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Appropriates $300,000,000 from the general fund for fiscal year 2022 to compensate for lost fuel tax revenue: $192,610,800 to county road commissions and $107,389,200 to cities and villages.
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Requires that persons other than end users pass the tax reduction directly to consumers and prohibits enriching themselves from the rate reduction.
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Modifies the annual fuel tax rate adjustment process to exclude the zero-rate period from inflation calculations and requires notice of rate changes 30 days before the effective date.
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Updates statutory language throughout the Motor Fuel Tax Act, including replacing "shall" with "is" and "must" for improved legal clarity.
Legislative Description
Transportation: motor fuel tax; moratorium on motor fuel tax; provide for. Amends secs. 8 & 152 of 2000 PA 403 (MCL 207.1008 & 207.1152).
Transportation: motor fuel tax
Last Action
Referred To Committee On Tax Policy
6/1/2022