A bill to amend 1933 PA 167, entitled “General sales tax act,” by amending section 4 (MCL 205.54), as amended by 2004 PA 173.
The bill amends the General Sales Tax Act to adjust tax deduction rates and caps, increase the taxable gross proceeds eligible for deductions, and clarify conditions for late payments and extended payment periods.
Co-sponsored by Sens.
Referred to the Committee on Finance, Insurance, and Consumer Protection