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Bill > HB5455

MI HB5455

MI HB5455
Sales tax: exemptions; sunset on firearm safety device exemption; extend. Amends sec. 4ll of 1933 PA 167 (MCL 205.54ll).

summary

Introduced
02/20/2024
In Committee
02/20/2024
Crossed Over
Passed
Dead
12/31/2024

Introduced Session

102nd Legislature

Bill Summary

A bill to amend 1933 PA 167, entitled"General sales tax act,"by amending section 4ll (MCL 205.54ll), as added by 2023 PA 15.

AI Summary

This bill extends the existing sales tax exemption for the sale of firearm safety devices in Michigan from December 31, 2024 to December 31, 2025. The term "firearm safety device" is defined to include equipment designed to prevent unauthorized access, operation, or discharge of a firearm, such as gun safes, lockboxes, and other devices requiring a key, combination, or biometric data to access. This exemption does not apply to storage devices primarily designed for the display of firearms.

Committee Categories

Justice

Sponsors (9)

Last Action

Bill Electronically Reproduced 02/20/2024 (on 02/21/2024)

Bill Topics

Law, Crime, and Family Issues
  • ‐ Firearms and Gun Control
Macroeconomics
  • ‐ Taxation, Tax Policy, and Tax Reform

bill text

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Document Type Source Location Created
State Bill Page http://legislature.mi.gov/doc.aspx?2024-HB-5455 02/20/2024
BillText http://www.legislature.mi.gov/documents/2023-2024/billintroduced/House/htm/2024-HIB-5455.htm 02/20/2024
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