Loading chat...

MI HB4140

Bill

Status

Engrossed

3/22/2023

Primary Sponsor

Karen Whitsett

Click for details

Origin

House of Representatives

102nd Legislature

AI Summary

  • Exempts firearm safety devices from Michigan's use tax beginning 90 days after the effective date through December 31, 2024
  • Requires sellers to provide written notice to purchasers and post conspicuous signage stating "The state of Michigan has exempted the sale of firearm safety devices from the sales and use tax imposed by this state through December 31, 2024"
  • Defines "firearm safety device" as equipment designed to prevent unauthorized access or operation of a firearm, including devices installed on the firearm itself or separate storage units like gun safes, cases, and lockboxes requiring key, combination, or biometric access
  • Excludes glass-faced cabinets and display cases designed primarily for showing firearms from the exemption
  • Directs the legislature to annually appropriate sufficient funds from the state general fund to the state school aid fund to compensate for any revenue loss from this exemption

Legislative Description

Use tax: exemptions; firearm safety devices; exempt. Amends 1937 PA 94 (MCL 205.91 - 205.111) by adding sec. 4ll.

Use tax: exemptions

Last Action

Referred To Committee On Civil Rights, Judiciary, And Public Safety

4/26/2023

Committee Referrals

Civil Rights, Judiciary, And Public Safety4/26/2023
Judiciary2/28/2023

Full Bill Text

No bill text available