FIRST TEN DAYS IN MARCH
House Bill 5074
Sponsor: Rep. Gary Woronchak
Committee: Tax Policy
Complete to 1-20-00
A SUMMARY OF HOUSE BILL 5074 AS INTRODUCED 11-2-99
The bill would amend the General Sales Tax Act to exempt sales of clothing and footwear (to be worn on an individual) made in the first ten calendar days of March each year from the sales tax. The exemption would not apply to jewelry or accessories, except for belts, neckwear, and head scarves.
The state treasurer would be required annually to estimate the amount of revenue lost and transfer that amount to the state school aid fund from the general fund.
MCL 205.54x
Analyst: C. Couch