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.