Michigan HB4260 amends sales tax distribution to allocate funds to the public safety and violence prevention fund.

Michigan HB4260 amends the distribution of sales tax revenue, specifically allocating 1.5% of the collections of the tax imposed at a rate of 4% for the immediately preceding fiscal year to the public safety and violence prevention fund. This fund was created under the Michigan trust fund act. The bill also includes provisions for the distribution of other sales tax collections to various funds, including the state school aid fund, the comprehensive transportation fund, and the qualified airport fund. The bill is contingent on the enactment of House Bill No. 4261.

Michigan HB4260 amends sales tax distribution to allocate funds to the public safety and violence prevention fund.

Michigan HB4260 amends the distribution of sales tax revenue, specifically allocating 1.5% of the collections of the tax imposed at a rate of 4% for the immediately preceding fiscal year to the public safety and violence prevention fund. This fund was created under the Michigan trust fund act. The bill also includes provisions for the distribution of other sales tax collections to various funds, including the state school aid fund, the comprehensive transportation fund, and the qualified airport fund. The bill is contingent on the enactment of House Bill No. 4261.