A bill to amend 1937 PA 94, entitled “Use tax act,” by amending section 4k (MCL 205.94k), as amended by 2012 PA 429.
Exempts certain uses and sales of aircraft and parts from the use tax. Key exemptions include the use of aircraft by domestic air carriers for transporting cargo and passengers, the sale of aircraft parts (excluding shop equipment or fuel), and the sale of aircraft temporarily in Michigan for sale-related activities, under specific conditions.
Co-sponsored by Reps.
Referred to the Committee on Tax Policy