Michigan HB4231 amends the distribution of sales tax revenue, specifically from aviation fuel, to various state funds.

Michigan HB4231 amends the distribution of sales tax revenue from aviation fuel. It mandates that 35% of the collections from the 2% tax on aviation fuel be deposited in the state aeronautics fund, while 65% must go to the qualified airport fund. Additionally, $75 million from the 4% tax on aviation fuel must be deposited in the public safety and violence prevention fund annually. The bill also outlines the distribution of other sales tax revenues to various funds, including the state school aid fund and the comprehensive transportation fund.

Michigan HB4231 amends the distribution of sales tax revenue, specifically from aviation fuel, to various state funds.

Michigan HB4231 amends the distribution of sales tax revenue from aviation fuel. It mandates that 35% of the collections from the 2% tax on aviation fuel be deposited in the state aeronautics fund, while 65% must go to the qualified airport fund. Additionally, $75 million from the 4% tax on aviation fuel must be deposited in the public safety and violence prevention fund annually. The bill also outlines the distribution of other sales tax revenues to various funds, including the state school aid fund and the comprehensive transportation fund.