HOUSE BILL No. 4856


     May 29, 1997, Introduced by Rep. Profit and referred to the Committee on House Oversight and Ethics.


        A bill to amend 1975 PA 228, entitled

   "Single business tax act,"

   (MCL 208.1 to 208.145) by adding section 31b.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 1         SEC. 31B.  (1) FROM THE NET REVENUES COLLECTED UNDER THIS

 2    ACT, AN AMOUNT EQUAL TO THE TAX LIABILITY ATTRIBUTABLE TO THE

 3    OPERATION OF A CASINO OF ALL TAXPAYERS THAT ARE SUBJECT TO THE

 4    TAX IMPOSED BY THIS ACT THAT OPERATE CASINOS IN THIS STATE SHALL

 5    BE DEPOSITED IN THE STATE CASINO GAMING FUND CREATED IN THE

 6    MICHIGAN GAMING CONTROL AND REVENUE ACT, THE INITIATED LAW OF

 7    1996, MCL 432.201 TO 432.216, TO PROVIDE FUNDING FOR THE ADMINIS-

 8    TRATION OF AND REGULATION OF CASINOS UNDER THE MICHIGAN GAMING

 9    CONTROL AND REVENUE ACT, THE INITIATED LAW OF 1996, MCL 432.201

10    TO 432.216.  AS USED IN THIS SECTION, "TAX LIABILITY ATTRIBUTABLE

11    TO THE OPERATION OF A CASINO" MEANS A TAXPAYER'S TAX LIABILITY


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 1    MULTIPLIED BY A FRACTION THE NUMERATOR OF WHICH IS THE RATIO OF

 2    THE AVERAGE VALUE OF THE TAXPAYER'S PROPERTY USED AS A CASINO IN

 3    THIS STATE TO THE AVERAGE VALUE OF ALL OF THE TAXPAYER'S PROPERTY

 4    IN THIS STATE PLUS THE RATIO OF THE TAXPAYER'S PAYROLL FOR SERV-

 5    ICES PERFORMED THAT ARE ATTRIBUTABLE TO A CASINO IN THIS STATE TO

 6    ALL OF THE TAXPAYER'S PAYROLL IN THIS STATE AND THE DENOMINATOR

 7    OF WHICH IS 2.

 8         (2) AS USED IN THIS SECTION, "CASINO" MEANS THAT TERM AS

 9    DEFINED IN THE MICHIGAN GAMING CONTROL AND REVENUE ACT, THE INI-

10    TIATED LAW OF 1996, MCL 432.201 TO 432.216.




































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