2014 House Bill 5805

Accelerate vehicle trade-in “use tax on the difference” only

Introduced in the House

Sept. 16, 2014

Introduced by Rep. Frank Foster (R-107)

To slightly advance the initial steps in the 24-year phase-in of a <a href="http://www.michiganvotes.org/2013-SB-90">2013 law</a> that exempted from use tax the value of a trade-in when buying a motor vehicle, titled watercraft or recreational vehicle. See also House Bill 5280.

Referred to the Committee on Tax Policy