Public Act 110 of 2002

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• Introduced by Sen. Willis Bullard (R) on September 26, 2001, to make the price tax base of a vehicle held for resale by a dealer the purchase price, multiplied by 2.5%, plus $30. This price tax base would apply only for the months after the vehicle dealer's use of the vehicle as a demo exceeded 1,000 miles. This places in statute what is the current regulatory practice.
  • Referred to the Senate Finance Committee on September 26, 2001.
  • Substitute offered in the Senate on November 8, 2001, to replace the previous version of the bill with a version recommended by the committee which reported it. The substitute incorporates changes resulting from committee testimony and deliberation. These changes do not affect the substance of the bill as previously described. The substitute passed in the Senate by voice vote on November 8, 2001.
• Passed in the Senate (32 to 0) on November 27, 2001, to make the price tax base of a vehicle held for resale by a dealer the purchase price, multiplied by 2.5%, plus $30. This price tax base would apply only for the months after the vehicle dealer's use of the vehicle as a demo exceeded 1,000 miles. This places in statute what is the current regulatory practice . [Vote Details and Comments]
• Received in the House on November 27, 2001, to make the price tax base of a vehicle held for resale by a dealer the purchase price, multiplied by 2.5%, plus $30. This price tax base would apply only for the months after the vehicle dealer's use of the vehicle as a demo exceeded 1,000 miles. This places in statute what is the current regulatory practice .
• Passed in the House (102 to 0) on March 7, 2002, to make the price tax base of a vehicle held for resale by a dealer the purchase price, multiplied by 2.5%, plus $30. This price tax base would apply only for the months after the vehicle dealer's use of the vehicle as a demo exceeded 1,000 miles. This places in statute what is the current regulatory practice. [Vote Details and Comments]
• Signed by Gov. John Engler on March 27, 2002.