USE TAX: EMPLOYEE MEALS - S.B. 734 (S-2): FLOOR ANALYSIS

Senate Bill 734 (Substitute S-2 as reported)

Sponsor: Senator Bill Schuette

Committee: Finance


CONTENT


The bill would amend the Use Tax Act to provide that the tax would not apply to food and nonalcoholic beverages provided during work hours by an employer to employees who were primarily engaged in the business of preparing or selling prepared food intended for immediate consumption.


MCL 205.94d - Legislative Analyst: G. Towne


FISCAL IMPACT


Senate Bills 734 (S-2) and 773 (S-2) would reduce sales and use tax revenue by approximately $6.6 million.


Date Completed: 11-3-99 - Fiscal Analyst: R. RossFloor\sb734 - Bill Analysis @ http://www.state.mi.us/sfa

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.