Michigan HB5140 amends the Local Accommodations Excise Tax Act to allow counties and local governments to impose an excise tax on accommodations.

Michigan HB5140 amends the Local Accommodations Excise Tax Act to allow counties and local governments to impose an excise tax on accommodations provided to transient guests. The bill specifies the conditions under which such taxes can be levied, including the requirement for a majority vote of qualified electors. It also outlines the administration, enforcement, and collection of the tax, including the creation of the local accommodations excise tax trust fund. The bill details the responsibilities of marketplace facilitators and sellers, and sets penalties for non-compliance.

Michigan HB5140 amends the Local Accommodations Excise Tax Act to allow counties and local governments to impose an excise tax on accommodations.

Michigan HB5140 amends the Local Accommodations Excise Tax Act to allow counties and local governments to impose an excise tax on accommodations provided to transient guests. The bill specifies the conditions under which such taxes can be levied, including the requirement for a majority vote of qualified electors. It also outlines the administration, enforcement, and collection of the tax, including the creation of the local accommodations excise tax trust fund. The bill details the responsibilities of marketplace facilitators and sellers, and sets penalties for non-compliance.