BURIAL CONTAINER EXEMPTION - S.B. 308 (S-2): FLOOR ANALYSIS
Senate Bill 308 (Substitute S-2 as reported)
Sponsor: Senator Dave Jaye
Committee: Finance
CONTENT
The bill would amend the General Sales Tax Act to exempt from the tax the sale of a casket and other outside burial container for the burial of any veteran. Under the bill, a veteran would be a person who met all of the following qualifications:
-- Was a resident of Michigan at least six months before entering the U.S. armed forces, or was a resident for at least five years before death.
-- Served in the armed forces during a period of war or conflict described in Public Act 190 of 1965 (which lists the beginning and ending dates of wars and conflicts for purposes of determining eligibility for veteran's benefits).
-- Was discharged from service in honorable conditions, or died while in service not as a result of his or her own misconduct.
Proposed MCL 205.54h - Legislative Analyst: G. Towne
FISCAL IMPACT
This bill would reduce sales tax revenue by an estimated $1.7 million in FY 2000-01, assuming an effective date of October 1, 2000. This loss in revenue would affect the following budget areas: the School Aid Fund would lose $1.2 million, revenue sharing would lose $0.4 million, and the General Fund would lose $0.1 million.
Date Completed: 5-3-00 - Fiscal Analyst: J. WortleyFloor\sb308 - Bill Analysis @ http://www.state.mi.us/sfa
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.