March 26, 2015, Introduced by Rep. Greimel and referred to the Committee on Government Operations.
A bill to amend 1949 PA 300, entitled
"Michigan vehicle code,"
(MCL 257.1 to 257.923) by adding section 801k.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 801k. (1) After consultation with the state treasury
department, if the department receives notification from or
otherwise determines that the United States Internal Revenue
Service or a court has determined that individual residents of this
state are prohibited from deducting payment of the tax imposed
under section 801(1)(p) from their federal taxable income under
section 179 of the internal revenue code, 26 USC 179, the second
and subsequent registration tax for each motor vehicle of the 1984
or a subsequent model year as shown on the application required
under section 217 that is of the motor vehicle category otherwise
subject to the tax schedule described in section 801(1)(a) and for
each low-speed vehicle is as follows:
(a) For the second registration, 90% of the tax assessed under
section 801(1)(p)(i).
(b) For the third registration, 90% of the tax assessed under
subdivision (a).
(c) For the fourth and subsequent registrations, 90% of the
tax assessed under subdivision (b).
(2) If the tax schedule described in subsection (1) becomes
applicable, the secretary of state shall pay each person who
registered a motor vehicle under section 801(1)(p)(ii) to (iv) during
the same calendar year in which the tax schedule described in
subsection (1) becomes applicable the difference between the
registration tax paid under section 801(1)(p)(ii) to (iv) and the
applicable registration tax under subsection (1).
Enacting section 1. This amendatory act takes effect June 21,
2015.
Enacting section 2. This amendatory act does not take effect
unless House Joint Resolution UU of the 97th Legislature becomes a
part of the state constitution of 1963 as provided in section 1 of
article XII of the state constitution of 1963.