August 4, 2004, Introduced by Reps. Koetje, Vander Veen, Huizenga, Richardville, Palmer and Wenke and referred to the Committee on Tax Policy.
A bill to amend 1893 PA 206, entitled
"The general property tax act,"
(MCL 211.1 to 211.157) by adding section 9j.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 9j. (1) For taxes levied after December 31, 2004,
2 eligible new personal property of a homeland security contractor
3 is exempt from the collection of taxes under this act.
4 (2) As used in this section:
5 (a) "Eligible new personal property" means personal property
6 that meets all of the following requirements:
7 (i) Was not previously exempt from, or subject to, the
8 collection of taxes under this act.
9 (ii) Is used by a homeland security contractor in the
10 performance of a contract entered into with, or a subcontract
11 for, the United States department of defense or the United States
1 department of homeland security after the effective date of the
2 amendatory act that added this section.
3 (b) "Homeland security contractor" means a person who has
4 entered into a contract with, or a subcontract for, the United
5 States department of defense or the United States department of
6 homeland security after the effective date of the amendatory act
7 that added this section.