HOUSE BILL No. 6068

 

July 6, 2004, Introduced by Rep. Kooiman and referred to the Committee on Tax Policy.

        

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 A bill to amend 1937 PA 94, entitled                                              

                                                                                

    "Use tax act,"                                                              

                                                                                

    (MCL 205.91 to 205.111) by adding section 4y.                               

                                                                                

                THE PEOPLE OF THE STATE OF MICHIGAN ENACT:                      

                                                                                

1       Sec. 4y.  (1) The tax levied under this act does not apply                  

                                                                                

2   to the storage, use, or consumption of tangible personal property           

                                                                                

3   acquired by a person engaged in the business of constructing real           

                                                                                

4   estate for others if the property is to be affixed to or made a             

                                                                                

5   structural part of an arts building owned and operated by an                

                                                                                

6   organization exempt under section 501(c)(3) of the internal                 

                                                                                

7   revenue code.                                                               

                                                                                

8       (2) As used in this section:                                                

                                                                                

9       (a) "Art" or "arts" means an original, visual creation                      

                                                                                

10  executed in any size or shape, in any media, and using any                  

                                                                                

11  combination of materials.                                                   

                                                                                


                                                                                

1       (b) "Arts building" means a building or structure the                       

                                                                                

2   primary purpose of which is to house and display art to the                 

                                                                                

3   public.