MCL - Act 248 of 1987
***** Act 248 of 1987 THIS ACT IS REPEALED BY ACT 680 OF 2002 EFFECTIVE ON THE DATE THAT ALL BONDS DESCRIBED IN SECTION 7a(1)(a) OF THE AIRPORT PARKING TAX ACT, 1987 PA 248, MCL 207.377a, ARE RETIRED OR ON DECEMBER 31, 2007, WHICHEVER IS LATER *****
AN ACT to impose a state excise tax on persons engaged in the business of providing an airport parking facility; to provide for the levy, assessment, and collection of the tax; to provide for the disposition of the collections from the tax; to create the airport parking fund; to authorize the distributions from the fund; to authorize the use of distributions from the fund as security for bonds and other obligations; to prescribe certain other matters relating to bonds and other obligations; to prescribe the powers and duties of certain state officers; and to provide for an appropriation.
History: 1987, Act 248, Imd. Eff. Dec. 28, 1987
| Document | Type | Description |
|---|---|---|
| Section 207.371 | Section | Short title. |
| Section 207.372 | Section | Definitions. |
| Section 207.373 | Section | Excise tax on airport parking facility; rate. |
| Section 207.374 | Section | Tax cumulative. |
| Section 207.375 | Section | Collection and administration of tax. |
| Section 207.376 | Section | Disposition of tax collections; creation of airport parking fund. |
| Section 207.377 | Section | Repealed. 2002, Act 680, Eff. Mar. 31, 2003. |
| Section 207.377a | Section | Distribution; priority; “state airports” defined. |
| Section 207.378 | Section | Assignment or pledge of distribution. |
| Section 207.379 | Section | Bonds or other obligations. |
| Section 207.380 | Section | Transmittal of assigned or pledged distribution to Michigan municipal bond authority or trustee; advancing payments. |
| Section 207.381 | Section | Appropriation. |
| Section 207.382 | Section | Distribution not revenue from use or operation of airport. |
| Section 207.383 | Section | Effective date of excise taxes. |