Bill > SB0777

This bill amends Michigan's General Sales Tax Act to provide exemptions for certain watercraft. Specifically, it exempts from sales tax watercraft for which a 15-day permit is issued under the Natural Resources and Environmental Protection Act, and it limits the sales tax on recreational watercraft to the first $18,000 of the sale price, with the understanding that this does not affect existing provisions for trade-ins of titled or documented watercraft. The bill also clarifies the definition of "documented" watercraft to include those registered with the U.S. Coast Guard and defines "recreational watercraft" based on its primary use for pleasure or recreation, outlining specific criteria for determining this use, such as filing for registration or documentation that indicates recreational purposes, or a certification of intent to register and use the watercraft in another state primarily for pleasure.

Budget and Finance

https://legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-0777