EXEMPT BURIAL CONTAINER - S.B. 308: COMMITTEE SUMMARY
Senate Bill 308 (as introduced 2-16-99)
Sponsor: Senator Dave Jaye
Committee: Finance
Date Completed: 5-2-00
CONTENT
The bill would amend the General Sales Tax Act to exempt from the tax the sale of a casket or other outside burial container for the burial of any honorably discharged veteran of a branch of service of the United States.
Proposed MCL 205.54h - Legislative Analyst: G. Towne
FISCAL IMPACT
This bill would reduce sales tax revenue by an estimated $2.3 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 $1.7 million, revenue sharing would lose $0.5 million, and the General Fund would lose $0.1 million.
- Fiscal Analyst: J. WortleyS9900\s308sa
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.