Michigan HB5873 repeals the state education tax and requires annual appropriations to compensate for lost revenue.

Michigan HB5873 repeals the state education tax established by 1993 PA 331. The act will take effect 90 days after it is enacted into law, contingent on the passage of House Bill No. 5880. The legislature intends to annually appropriate funds from the state general fund to the state school aid fund to fully compensate for any revenue loss resulting from the repeal of the state education tax.

Michigan HB5873 repeals the state education tax and requires annual appropriations to compensate for lost revenue.

Michigan HB5873 repeals the state education tax established by 1993 PA 331. The act will take effect 90 days after it is enacted into law, contingent on the passage of House Bill No. 5880. The legislature intends to annually appropriate funds from the state general fund to the state school aid fund to fully compensate for any revenue loss resulting from the repeal of the state education tax.