2001 House Bill 4507 / 2002 Public Act 255

Introduced in the House

March 22, 2001

Introduced by Rep. Larry DeVuyst (R-93)

To allow a lessor to elect to pay use tax on receipts from the rental or lease of personal property, instead of paying sales or use tax on the full cost of the property at the time it was acquired.

Referred to the Committee on Tax Policy

June 5, 2001

Substitute offered

To replace the previous version of the bill with a version recommended by the committee which reported it. The substitute incorporates changes resulting from committee testimony and deliberation. These do not affect the substance of the bill as previously described.

The substitute passed by voice vote

June 6, 2001

Passed in the House 103 to 2 (details)

Received in the Senate

June 6, 2001

To allow a lessor to elect to pay use tax on receipts from the rental or lease of personal property, instead of paying sales or use tax on the full cost of the property at the time it was acquired.

March 5, 2002

Substitute offered

To replace the previous version of the bill with a version recommended by the committee which reported it. The substitute makes a technical change in the language of the bill so it will be internally consistent.

The substitute passed by voice vote

March 7, 2002

Passed in the Senate 35 to 0 (details)

Received in the House

March 7, 2002

To allow a lessor to elect to pay use tax on receipts from the rental or lease of personal property, instead of paying sales or use tax on the full cost of the property at the time it was acquired.

April 23, 2002

Passed in the House 100 to 1 (details)

To concur with the Senate-passed version of the bill.

Received in the Senate

April 23, 2002

Signed by Gov. John Engler

May 1, 2002