TAXES: EMPLOYEE MEALS - S.B. 734 & 773: COMMITTEE SUMMARY

Senate Bill 734 (as introduced 9-23-99)

Senate Bill 773 (as introduced 9-29-99)

Sponsor: Senator Bill Schuette (S.B. 734)

Senator Dale L. Shugars (S.B. 773)

Committee: Finance


Date Completed: 11-2-99


CONTENT


Senate Bill 734 would amend the Use Tax Act and Senate Bill 773 would amend the General Sales Tax Act to provide that the taxes would not apply to meals provided to employees during working hours.


MCL 205.94d (S.B. 734) - Legislative Analyst: G. Towne

205.54g (S.B. 773)


FISCAL IMPACT


The bills would reduce the sales and use tax revenue by approximately $6.6 million.


- Fiscal Analyst: R. RossS9900\s734sa

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.