Michigan HB4185 modifies the distribution of sales tax revenue, affecting various funds including transportation, aeronautics, and school aid.
Michigan HB4185 amends the distribution of sales tax revenue, affecting multiple funds. It mandates that 15% of the collections go to cities, villages, and townships. Additionally, 60% of the collections must be deposited into the comprehensive transportation fund. The bill also specifies that 35% of the aviation fuel tax collections should be deposited in the state aeronautics fund, while 65% should go to the state school aid fund.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
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