BillTrack50 logo
Free Signup Login
Bill

Bill > HB5437

MI HB5437

Taxation: hotel-motel; stadium and convention facility tax; clarify application to short-term rentals and make other modifications. Amends title & secs. 1, 2 & 6 of 1991 PA 180 (MCL 207.751 et seq.). TIE BAR WITH: HB 5438'24

summary

Introduced
02/13/2024
In Committee
02/14/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to amend 1991 PA 180, entitled"An act to assist in the financing of stadia or convention facilities; to permit eligible municipalities to impose and collect an excise tax on businesses engaged in the preparation and delivery of food and beverages for immediate consumption, in leasing or renting motor vehicles in the eligible municipality, and in providing accommodations for dwelling, lodging, or sleeping purposes; to limit the rate of that excise tax; to authorize voter approval in a single ballot question of the excise tax authorized by this act and of certain purposes for which the excise tax is imposed; to provide for the establishment of procedures for the collection, administration, and enforcement of the excise tax; to prescribe the powers and duties of certain state departments and state and local officials; to provide for the disposition and transmittal of the revenues from the tax for stadia or convention facility development and other purposes and authorize the pledge of those revenues; to authorize the appointment of employees and officials of a local governmental unit to an authority to which revenues from the tax may be pledged; to prescribe penalties and provide remedies; and to repeal certain acts and parts of acts,"by amending the title and sections 1, 2, and 6 (MCL 207.751, 207.752, and 207.756), section 1 as amended by 2008 PA 532.

AI Summary

This bill amends a 1991 law that allows eligible municipalities to impose an excise tax on certain businesses, including those providing food and beverages, renting motor vehicles, and offering accommodations. The key changes are: 1) Clarifying that "accommodations" includes short-term rentals, such as those offered through online platforms. 2) Expanding the definition of "eligible municipality" to include additional counties and cities that can impose the tax for stadium or convention facility purposes. 3) Specifying that for short-term rentals, the "occupancy charge" is subject to the 1% tax rate on gross receipts from accommodations. 4) Allowing the tax revenues to be used for child care programs and housing activities, in addition to the existing allowed uses related to stadiums and convention facilities. The bill ties its enactment to the passage of a related bill, House Bill 5438.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (22)

Last Action

House Local Government and Municipal Finance (12:15:00 4/24/2024 Room 519, House Office Building) (on 04/24/2024)
(1 Companion Bills)

bill text

bill summary

Loading...

bill summary

Loading...
Loading...