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Bill > HB6197
MI HB6197
MI HB6197Use tax: exemptions; storage, use, or consumption of eligible fuel; exempt. Amends sec. 21 of 1937 PA 94 (MCL 205.111) & adds sec. 4gg. TIE BAR WITH: HB 6194'24, HB 6195'24, HB 6196'24
summary
Introduced
11/26/2024
11/26/2024
In Committee
11/26/2024
11/26/2024
Crossed Over
Passed
Dead
12/31/2024
12/31/2024
Introduced Session
102nd Legislature
Bill Summary
A bill to amend 1937 PA 94, entitled"Use tax act,"by amending section 21 (MCL 205.111), as amended by 2023 PA 175, and by adding section 4gg.
AI Summary
This bill exempts the storage, use, or consumption of "eligible fuel" (any fuel subject to the motor fuel tax) from the use tax starting on October 1, 2025. It also requires that revenue lost to the state school aid fund as a result of this exemption be deposited into the fund. Additionally, the bill ties the effectiveness of this bill to the enactment of three other related bills.
Committee Categories
Government Affairs
Sponsors (1)
Last Action
Bill Electronically Reproduced 12/03/2024 (on 12/03/2024)
Bill Topics
Energy
- ‐ Natural Gas and Oil
Macroeconomics
- ‐ Taxation, Tax Policy, and Tax Reform
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://legislature.mi.gov/Bills/Bill?ObjectName=2024-HB-6197 | 11/26/2024 |
| BillText | https://legislature.mi.gov/documents/2023-2024/billintroduced/House/htm/2024-HIB-6197.htm | 11/26/2024 |
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