A bill to amend 1933 PA 167, entitled “General sales tax act,” by amending section 25 (MCL 205.75), as amended by 2023 PA 20.
Senate Bills 357 & 358 amends= Michigan's General Sales Tax Act to establish a fixed, annually adjusted transfer from the general fund to the state school aid fund, replacing prior reimbursement methods for certain tax exemptions, and maintains other existing revenue allocations.
Introduced
by
Referred to the Committee on Appropriations