March 27, 2003, Introduced by Senators BROWN, GOSCHKA, CLARKE, BISHOP, SANBORN and KUIPERS and referred to the Committee on Finance.
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:
1 Sec. 4cc. A person subject to the tax levied under this act
2 may exclude from the gross proceeds used for the computation of
3 the tax that portion of the purchase price of any grade of
4 gasoline greater than $1.75 per gallon.