HOUSE BILL No. 5238


     October 16, 2001, Introduced by Reps. Drolet, Gosselin and Lemmons and referred to the Committee on Tax Policy.


        A bill to amend 1893 PA 206, entitled

   "The general property tax act,"

   (MCL 211.1 to 211.157) by adding section 9i.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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           SEC. 9I.  (1) IN EACH TAX YEAR, COMPUTER EQUIPMENT OF AN

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      ELIGIBLE BUSINESS THAT IS IDENTIFIED IN THE STATEMENT FILED UNDER

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      SECTION 18 IS EXEMPT FROM THE COLLECTION OF TAXES UNDER THIS ACT,

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      TO THE TAXABLE VALUE OF $250,000.00.

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           (2) AS USED IN THIS SECTION:

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           (A) "BUSINESS INCOME" MEANS THAT TERM AS DEFINED IN

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      SECTION 3 OF THE SINGLE BUSINESS TAX ACT, 1975 PA 228,

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      MCL 208.3.

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           (B) "COMPUTER EQUIPMENT" MEANS COMPUTER DEVICES OR

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      HARDWARE.




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           (C) "ELIGIBLE BUSINESS" MEANS A SOLE PROPRIETORSHIP,

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      PARTNERSHIP, LIMITED PARTNERSHIP, LIMITED LIABILITY PARTNERSHIP,

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      CORPORATION, LIMITED LIABILITY COMPANY, OR OTHER LEGAL ENTITY

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      OPERATED FOR PROFIT THAT DERIVES MORE THAN 50% OF ITS BUSINESS

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      INCOME FROM INTERNET OR ELECTRONIC COMMERCE.














































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