HOUSE BILL No. 4623


     April 15, 1997, Introduced by Reps. Kaza, Perricone, Whyman, Lowe, Cropsey, Raczkowski, Goschka, Jaye, Middaugh, Kukuk, Brewer and Walberg and referred to the Committee on Tax Policy.


        A bill to amend 1933 PA 167, entitled

   "General sales tax act,"

   (MCL 205.51 to 205.78) by adding section 4p.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 4P.  A PERSON SUBJECT TO TAX UNDER THIS ACT MAY EXCLUDE

 2    FROM GROSS PROCEEDS USED FOR THE COMPUTATION OF THE TAX THE SALE

 3    OF A NEW OR USED MOTOR VEHICLE.  AS USED IN THIS SECTION, "MOTOR

 4    VEHICLE" MEANS THAT TERM AS DEFINED IN SECTION 33 OF THE MICHIGAN

 5    VEHICLE CODE, 1949 PA 300, MCL 257.33.














   02160'97          Final page.                            CSC