APPROVAL OR DISAPPROVAL OF AMENDATORY ACT TO REDUCE STATE USE TAX AND
REPLACE WITH A LOCAL COMMUNITY STABILIZATION SHARE TO MODERNIZE THE
TAX SYSTEM TO HELP SMALL BUSINESSES GROW AND CREATE JOBS
The amendatory act adopted by the Legislature would:
1. Reduce the state use tax and replace with a local community
stabilization share of the tax for the purpose of modernizing the tax
system to help small businesses grow and create jobs in Michigan.
2. Require Local Community Stabilization Authority to provide revenue
to local governments dedicated for local purposes, including police
safety, fire protection, and ambulance emergency services.
3. Increase portion of state use tax dedicated for aid to local school
districts.
4. Prohibit Authority from increasing taxes.
5. Prohibit total use tax rate from exceeding existing constitutional
6% limitation.
Should this law be approved?
Equipment Millage Proposal