SB0983

Michigan SB0983 allows local governments to levy an excise tax on accommodations rentals.

Michigan SB0983 establishes the Local Excise Tax on Accommodations Act, allowing local governments to impose an excise tax on rental accommodations. Local governing bodies can enact ordinances to levy the tax, subject to voter approval. The tax applies to rentals facilitated by intermediaries and directly by providers. Exemptions apply to certain accommodations under other state acts. The Department of Treasury administers the tax, collecting and remitting revenues to local governments. The act includes provisions for reporting, exemptions, and penalties for non-compliance.