Michigan HB5396 eliminates sales tax exemptions for data centers.
Michigan HB5396 amends the Michigan sales tax law by repealing the exemption for data centers, ensuring that sales tax is collected on these services. The bill also includes provisions for the distribution of tax revenue to various state funds, including the state school aid fund and the Michigan health initiative fund. The changes aim to ensure that revenue lost due to the data center exemption is accounted for and that funds are appropriately allocated to support state programs and services.
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