March 10, 2010, Introduced by Rep. DeShazor 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 4bb.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 4bb. (1) The tax levied under this act does not apply to
a qualified home appliance. As used in this section, "qualified
home appliance" means a clothes washer, dehumidifier, refrigerator,
or dishwasher that meets or exceeds the applicable energy star
power consumption guidelines developed by the United States
environmental protection agency and the United States department of
energy.
(2) Not later than January 1 each year, the state treasurer
shall determine the amount of revenue lost from the state school
aid fund in the immediately preceding state fiscal year because of
the exemption in this section and shall immediately deposit that
amount from the state general fund into the state school aid fund.