A bill to amend 1933 PA 167, entitled “General sales tax act,” by amending sections 1 and 4a (MCL 205.51 and 205.54a), section 1 as amended by 2023 PA 20 and section 4a as amended by 2021 PA 108.
Senate Bills 776 and 777 would reduce taxes on watercraft by expanding exemptions, capping sales and use taxes on recreational boats, clarifying definitions, and canceling certain past tax assessments tied to delivery and installation.
Introduced
by
Referred to the Committee on Finance, Insurance, and Consumer Protection