Single business tax; exemptions; tax incentives for projects that

commercialize raw water as a product and sell it outside the

Great Lakes basin; prohibit.

SINGLE BUSINESS TAX: Exemptions; NATURAL RESOURCES: Great Lakes

A bill to amend 1975 PA 228, entitled

"Single business tax act,"

(MCL 208.1 to 208.145) by adding section 74.

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

1 SEC. 74. (1) NOTWITHSTANDING ANY OTHER PROVISION OF THIS

2 ACT, A TAXPAYER WHOSE BUSINESS ACTIVITY INCLUDES THE PACKAGING,

3 PRODUCTION, OR BOTTLING OF BOTTLED WATER IS NOT ALLOWED ANY

4 CREDIT AGAINST THE TAXPAYER'S TAX LIABILITY OR EXEMPTION OR

5 DEDUCTION AGAINST THE TAXPAYER'S TAX BASE OR ANY OTHER REDUCTION

6 IN THE TAX OTHERWISE OWED BY THE TAXPAYER UNDER THIS ACT FOR THAT

7 PORTION OF THE TAXPAYER'S TAX LIABILITY OR TAX BASE ATTRIBUTABLE

8 TO THE PACKAGING, PRODUCTION, OR BOTTLING OF BOTTLED WATER.

9 (2) AS USED IN THIS SECTION, "BOTTLED WATER" MEANS WATER

10 THAT IS INTENDED FOR HUMAN CONSUMPTION IN SEALED CONTAINERS OF

11 LESS THAN 1 GALLON IN SIZE WITH NO ADDITIONAL ADDED INGREDIENTS.

06652'02 RJA