THREE-FIFTHS VOTE: SALES TAX - S.B. 1166: FLOOR ANALYSIS

Senate Bill 1166 (as reported without amendment)

Sponsor: Senator Loren Bennett

Committee: Finance

CONTENT

The bill would amend the General Sales Tax Act to require the concurrence of at least three-fifths of the members elected to and serving in each house of the Legislature to expand the base, or reduce or repeal an exemption, deduction, or credit of the sales tax or a successor to the tax.

Proposed MCL 205.52b - Legislative Analyst: G. Towne

FISCAL IMPACT

The bill would not have any measurable fiscal impact on State or local government.

Date Completed: 6-1-98 - Fiscal Analyst: J. Wortley

FLOOR\SB1166 - Analysis available @ http://www.michiganlegislature.org

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.