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Bill > HB4275
MI HB4275
MI HB4275Sales tax: distribution; distribution of sales tax revenue for the revenue sharing trust fund; provide for. Amends sec. 25 of 1933 PA 167 (MCL 205.75). TIE BAR WITH: HB 4274'23
summary
Introduced
03/14/2023
03/14/2023
In Committee
11/02/2023
11/02/2023
Crossed Over
11/01/2023
11/01/2023
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
102nd Legislature
Bill Summary
A bill to amend 1933 PA 167, entitled"General sales tax act,"by amending section 25 (MCL 205.75), as amended by 2023 PA 20.
AI Summary
This bill amends the General Sales Tax Act to establish a new distribution of sales tax revenue. Starting on October 1, 2024, 8% of the sales tax collected at a rate of 4% will be deposited into the Revenue Sharing Trust Fund and distributed to cities, villages, townships, and counties. The bill also makes some other minor changes to the distribution of sales tax revenue, such as adjusting the distribution of taxes on aviation fuel. The bill is tied to the passage of House Bill 4274, so this provision would only take effect if that other bill becomes law.
Committee Categories
Budget and Finance
Sponsors (18)
Mark Tisdel (R)*,
Joe Aragona (R),
Bob Bezotte (R),
Matthew Bierlein (R),
Nancy DeBoer (R),
Jaime Greene (R),
Kara Hope (D),
Jason Hoskins (D),
Tom Kuhn (R),
David Martin (R),
Amos O'Neal (D),
Bill Schuette (R),
Nate Shannon (D),
Brad Slagh (R),
Donni Steele (R),
Curt VanderWall (R),
Doug Wozniak (R),
Dale Zorn (R),
Last Action
Referred To Committee On Finance, Insurance, And Consumer Protection (on 11/02/2023)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | http://legislature.mi.gov/doc.aspx?2023-HB-4275 |
| BillText | http://www.legislature.mi.gov/documents/2023-2024/billengrossed/House/htm/2023-HEBH-4275.htm |
| House Substitute (H-3) | https://legislature.mi.gov/mileg.aspx?page=CurrentVersionAmendment&cvFileName=2023-HCVBS-4275-0O338.pdf |
| House Substitute (H-3) | https://legislature.mi.gov/mileg.aspx?page=CurrentVersionAmendment&cvFileName=2023-HCVBS-4275-0N295.pdf |
| Fiscal Note/Analysis - Summary as Reported from Committee | https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-4274-EE2452D9.pdf |
| Fiscal Note/Analysis - Summary of Proposed H-1 Substitutes | https://legislature.mi.gov/documents/2023-2024/billanalysis/House/pdf/2023-HLA-4274-FA6B300B.pdf |
| BillText | http://www.legislature.mi.gov/documents/2023-2024/billintroduced/House/htm/2023-HIB-4275.htm |
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