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.