HOUSE BILL No. 6648

 

November 14, 2006, Introduced by Reps. Kolb and Zelenko and referred to the Committee on Tax Policy.

 

     A bill to amend 1933 PA 167, entitled

 

"General sales tax act,"

 

(MCL 205.51 to 205.78) by adding section 4cc.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 4cc. (1) Beginning January 1, 2007 through December 31,

 

2007, a person subject to the tax under this act may exclude from

 

the gross proceeds used for the computation of the tax the sale of

 

tangible personal property that is a cool roof product.

 

     (2) The department and the Michigan public service commission

 

shall jointly determine the tangible personal property eligible for

 

an exemption under this section and any application or verification

 

process necessary to implement this section.

 

     (3) Not later than May 1, 2008, the department and the

 


Michigan public service commission shall prepare a joint report to

 

the senate and the house of representatives detailing the costs,

 

benefits, and results of the exemption under this section.

 

     (4) As used in this section, "cool roof" product means

 

tangible personal property used to construct a new roof or repair

 

or replace an existing roof that meets all of the following

 

requirements:

 

     (a) Is included in the energy star roof products program

 

qualifying product list.

 

     (b) For a flat roof, meets all of the following requirements:

 

     (i) Has a reflectivity of not less than 65%.

 

     (ii) Meets 1 of the following requirements:

 

     (A) Has an emittance of not less than 80%.

 

     (B) Has a solar reflective index of not less than 75%.

 

     (c) For a sloped roof, meets all of the following

 

requirements:

 

     (i) Has a reflectivity of not less than 40%.

 

     (ii) Meets 1 of the following requirements:

 

     (A) Has an emittance of not less than 80%.

 

     (B) Has a solar reflective index of not less than 41%.