HOUSE BILL No. 4950


     June 24, 1997, Introduced by Reps. Perricone, Palamara, Schermesser, Thomas, DeHart, Kelly, Dobronski, Wallace, Brackenridge and Mans 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 THE GROSS PROCEEDS USED FOR THE COMPUTATION OF THE TAX THE

 3    SALE OF TANGIBLE PERSONAL PROPERTY PURCHASED BY A PERSON ENGAGED

 4    IN THE BUSINESS OF CONSTRUCTING, ALTERING, REPAIRING, OR IMPROV-

 5    ING REAL ESTATE FOR OTHERS IF THE PROPERTY IS TO BE AFFIXED TO OR

 6    MADE A STRUCTURAL PART OF REAL ESTATE OWNED OR OCCUPIED BY THE

 7    FEDERAL GOVERNMENT, THIS STATE, OR A LOCAL GOVERNMENTAL UNIT.









   03858'97          Final page.                            CSC