A bill to amend 1937 PA 94, entitled “Use tax act,” by amending section 4k (MCL 205.94k), as amended by 2012 PA 429.
This bill seeks to exempt certain uses and sales of aircraft and aircraft parts from the use tax. Notable exemptions include the use of aircraft by domestic air carriers for transporting air cargo and passengers, the sale of aircraft parts or materials, and the sale of aircraft under conditions such as leaving the state within 15 days post-sale.
Co-sponsored by Reps.
Referred to the Committee on Tax Policy