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Bill > HB5443

MI HB5443

Taxation: hotel-motel; excise tax on business of providing accommodations; clarify application to short-term rentals and make other modifications. Amends title & secs. 1, 2, 3, 4, 6 & 7 of 1974 PA 263 (MCL 141.861 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 1974 PA 263, entitled"An act to permit counties to impose and collect an excise tax on persons engaged in the business of providing rooms for dwelling, lodging, or sleeping purposes to transient guests; to provide for the disposition of the revenues thereof; and to prescribe penalties,"by amending the title and sections 1, 2, 3, 4, 6, and 7 (MCL 141.861, 141.862, 141.863, 141.864, 141.866, and 141.867), section 2 as amended by 2004 PA 118, section 4 as amended by 2014 PA 284, and section 7 as amended by 1989 PA 13.

AI Summary

This bill amends a 1974 law that allows counties with certain population requirements to impose and collect an excise tax on persons engaged in the business of providing rooms for dwelling, lodging, or sleeping purposes to transient guests. The key changes include: 1) Clarifying that the excise tax applies to short-term rentals, defined as a dwelling offered as a short-term rental. 2) Allowing the excise tax to be levied on the "occupancy charge" for short-term rentals, rather than the total charge. 3) Expanding the permitted uses of the excise tax revenue to include programs to assist with or provide child care, and housing activities. 4) Tying the enactment of this bill to the passage of another related bill, House Bill 5438.

Committee Categories

Budget and Finance, Government Affairs

Sponsors (20)

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)

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