Introduced by Rep. Fulton Sheen (R) on June 14, 2005, to revise a use tax exemption on the sale of certain property that is included in the transfer of a business, so that it only applies to business transfers within Michigan. Also, to increase the penalty for a seller who fails to register with the state as required by the use tax law.
Referred to the House Tax Policy Committee on June 14, 2005.