Michigan Legislature

Main Content

Act 35 of 2022

friendly link

printer friendly

bills affecting

mcl index link

Search within this Statute for

Jump to the first occurrence of "state"

QUALIFIED HEAVY EQUIPMENT RENTAL PERSONAL PROPERTY SPECIFIC TAX ACT
Act 35 of 2022
AN ACT to levy and collect a specific tax upon the rental of certain heavy equipment rental personal property; to provide for the disposition of that specific tax; to provide for the powers and duties of certain state and local governmental officers and entities; and to provide penalties.

History: 2022, Act 35, Eff. Mar. 23, 2022

The People of the State of Michigan enact:

Document	Type	Description
Section 211.1121	Section	Short title.
Section 211.1123	Section	Definitions.
Section 211.1125	Section	Qualified heavy equipment rental personal property specific tax; levy; amount; collection and remission by qualified renter; exception; rate adjustment.
Section 211.1127	Section	Collection and administration of the specific tax; submission of completed statement and payment; notice; penalties; rescission; books and records; appeal process.
Section 211.1129	Section	Qualified heavy equipment rental personal property exemption reimbursement fund; investment; distribution; "eligible local tax collecting unit" defined.
Section 211.1131	Section	Tax increment finance authority capture; prohibition; sharing of distribution.
Section 211.1133	Section	Rules.