Bill Text: MI HB5938 | 2009-2010 | 95th Legislature | Introduced


Bill Title: Sales tax; exemptions; energy-efficient appliances; establish exemption. Amends 1933 PA 167 (MCL 205.51 - 205.78) by adding sec. 4ee.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2010-03-11 - Printed Bill Filed 03/11/2010 [HB5938 Detail]

Download: Michigan-2009-HB5938-Introduced.html

 

 

 

 

 

 

 

 

 

 

 

 

 

HOUSE BILL No. 5938

 

March 10, 2010, Introduced by Rep. DeShazor and referred to the Committee on Tax Policy.

 

     A bill to amend 1933 PA 167, entitled

 

"General sales tax act,"

 

(MCL 205.51 to 205.78) by adding section 4ee.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 4ee. (1) A person subject to tax under this act may

 

exclude from gross proceeds used for the computation of the tax the

 

sale of a qualified home appliance. As used in this section,

 

"qualified home appliance" means a clothes washer, dehumidifier,

 

refrigerator, or dishwasher that meets or exceeds the applicable

 

energy star power consumption guidelines developed by the United

 

States environmental protection agency and the United States

 

department of energy.

 

     (2) Not later than January 1 each year, the state treasurer

 


shall determine the amount of revenue lost from the state school

 

aid fund in the immediately preceding state fiscal year because of

 

the exemption in this section and shall immediately deposit that

 

amount from the state general fund into the state school aid fund.

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