2023 Senate Bill 102

Taxation: other; reporting estimate of amount of use tax forgone; modify to reflect change in use tax act.

A bill to amend 1979 PA 72, entitled “An act to require the governor to report certain tax information with the annual budget message to the legislature,” by amending section 6 (MCL 21.276), as amended by 1983 PA 7.

AI Analysis – Experimental

Requires the governor to provide detailed reports on the estimated tax revenue forgone due to exemptions under the Use Tax Act of 1937 (PA 94), including revenue not collected on items not specifically exempted.

Introduced in the Senate

March 1, 2023

Introduced by Sen. Mark Huizenga (R-30)

Referred to the Committee on Finance, Insurance, and Consumer Protection