H.B. 4454: COMMITTEE SUMMARY                                                  DIESEL TAX EXEMPTION

House Bill 4454

Sponsor: Representative Jessie Dalman House Committee: Tax Policy

Senate Committee: Transportation and Tourism

Date Completed: 4-24-95

SUMMARY OF HOUSE BILL 4454 as passed by the House:

The bill would amend the motor fuel tax Act to provide that the purchaser of diesel motor fuel used in school buses owned and operated by nonprofit private, parochial, or denominational schools, colleges, and universities and used in transporting students to and from school and school functions authorized by the eligible institution’s administration would be entitled to a tax refund to be paid as provided in the Act. The bill specifies that it would apply to purchases made after December 31, 1994, for which documentation required in the Act was furnished.

MCL 207.122                                                                                     Legislative Analyst: L. Arasim

FISCAL IMPACT

The bill would result in a loss of approximately $100,000 to the Michigan Transportation Fund.

Fiscal Analyst: B. Bowerman

S9596\S4454SA

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.

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