SB-0735, As Passed House, March 6, 2014

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 735

 

 

January 14, 2014, Introduced by Senators MARLEAU and SMITH and referred to the Committee on Finance.

 

 

 

     A bill to amend 1937 PA 94, entitled

 

"Use tax act,"

 

by amending section 4z (MCL 205.94z), as added by 2008 PA 555.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 4z. The tax levied under this act does not apply to

 

tangible personal property acquired before January 1, 2014 2016 by

 

a person engaged in the business of altering, repairing, or

 

improving real estate for others if the property is to be affixed

 

to or made a structural part of a qualified convention facility

 

under the regional convention facility authority act, 2008 PA 554,

 

MCL 141.1351 to 141.1379. As used in this subdivision, "qualified

 

convention facility" means that term as defined in section 5 of the

 

regional convention facility authority act, 2008 PA 554, MCL


 

141.1355.