2007 Senate Bill 322

FY 2008 Executive Budget “Revenue Enhancements”

Introduced in the Senate

March 1, 2007

Introduced by Sen. John Gleason (D-27)

To coordinate the use or sales tax revisions proposed by Senate Bills 319 and 315 (which increase taxes paid on sales of trucks, trailers and parts for use in interstate commerce) with the <a href="http://www.michiganvotes.org/2004-HB-5504">“Streamlined Sales Tax”</a> project being pursued by most states, which if allowed by Congress would create a centralized system for states to collect use or sales tax on out-of-state internet or catalog purchases. This is one of a number of “tax expenditure repeal” proposals included in Gov. Jennifer Granholm’s Fiscal Year 2007-2008 budget recommendation, which is based on approximately $1 billion in tax increases.

Referred to the Committee on Finance