MCL - Act 35 of 2022
AN ACT to levy and collect a specific tax upon the rental of certain heavy equipment rental personal property; to provide for the disposition of that specific tax; to provide for the powers and duties of certain state and local governmental officers and entities; and to provide penalties.
History: 2022, Act 35, Eff. Mar. 23, 2022
| Document | Type | Description |
|---|---|---|
| Section 211.1121 | Section | Short title. |
| Section 211.1123 | Section | Definitions. |
| Section 211.1125 | Section | Qualified heavy equipment rental personal property specific tax; levy; amount; collection and remission by qualified renter; exception; rate adjustment. |
| Section 211.1127 | Section | Collection and administration of the specific tax; submission of completed statement and payment; notice; penalties; rescission; books and records; appeal process. |
| Section 211.1129 | Section | Qualified heavy equipment rental personal property exemption reimbursement fund; investment; distribution; "eligible local tax collecting unit" defined. |
| Section 211.1131 | Section | Tax increment finance authority capture; prohibition; sharing of distribution. |
| Section 211.1133 | Section | Rules. |