USE TAX: EXEMPT IN-LAW VEHICLE TRANSACTIONS

House Bill 4520

Sponsor: Rep. Doug Spade

Committee: Tax Policy

Complete to 8-29-01

A SUMMARY OF HOUSE BILL 4520 AS INTRODUCED 3-27-01

A person must pay the six percent use tax whenever he or she buys a used car. The tax is collected by the Department of State on behalf of the Department of Treasury when the title is transferred. There are exceptions to this requirement, however, when the transaction involves certain specified relatives. A transaction is exempt under the Use Tax Act if the transferee or purchaser is the spouse, mother, father, brother, sister, child, stepparent, stepchild, stepbrother, stepsister, grandparent, grandchild, legal ward, or legally appointed guardian of the transferor or seller. House Bill 4520 would add to this list, mother-in-law, father-in-law, sister-in-law, brother-in-law, daughter-in-law, and son-in-law.

MCL 205.93

 

Analyst: C. Couch

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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.