Michigan HB5496 imposes a 32% excise tax on wireless communications devices primarily for individuals under 18, funding children's mental health and.

Michigan HB5496 introduces a 32% excise tax on the purchase of wireless communications devices intended for individuals under 18. The tax revenue is directed to the children's mental health and safety fund, supporting activities aimed at improving children's mental health and safety. The tax is collected at the same time and manner as the use tax, with the purchaser liable for the tax. The fund remains intact and is administered by the Department of Treasury.

Michigan HB5496 imposes a 32% excise tax on wireless communications devices primarily for individuals under 18, funding children's mental health and.

Michigan HB5496 introduces a 32% excise tax on the purchase of wireless communications devices intended for individuals under 18. The tax revenue is directed to the children's mental health and safety fund, supporting activities aimed at improving children's mental health and safety. The tax is collected at the same time and manner as the use tax, with the purchaser liable for the tax. The fund remains intact and is administered by the Department of Treasury.