HOUSE BILL No. 4742


     May 1, 1997, Introduced by Reps. Profit and Palamara and referred to the Committee on Tax Policy.


        A bill to amend 1937 PA 94, entitled

   "Use tax act,"

   (MCL 205.91 to 205.111) by adding section 4m.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 4M.  THE TAX LEVIED UNDER THIS ACT DOES NOT APPLY TO

 2    TANGIBLE PERSONAL PROPERTY PURCHASED BY A PERSON ENGAGED IN THE

 3    BUSINESS OF CONSTRUCTING, ALTERING, REPAIRING, OR IMPROVING REAL

 4    ESTATE FOR OTHERS IF THE PROPERTY IS TO BE AFFIXED TO OR MADE A

 5    STRUCTURAL PART OF REAL ESTATE OWNED OR OCCUPIED BY A NONPROFIT

 6    HOSPITAL OR A PUBLIC COLLEGE OR UNIVERSITY.












   03234'97          Final page.                            CSC