PAAdvisory Briefs

Senate Finance OKs Expanded Sales Tax on Difference

In 2013, Michigan enacted legislation phasing out the application of the sales tax on the value of a trade-in when purchasing a motor vehicle, but the Senate Finance Committee on Wednesday reported two bills (SB 754, SB 755) that would speed up the provision. Under PA 60 of 2013 and PA 234 of 2013, the sales tax exemption allowed on the value of a trade-in when purchasing a motor vehicle is $2,000 and beginning in January 2015 the value would increase by $500 per year until it reach $14,000. After that point there would be no limit on the agreed trade-in value exempt from the sales tax. Under SB 754 and 755, the exempt value would increase from the current $2,000 to $5,000. From then on, the maximum value would increase by $1,000 until it hits $14,000.

Peters Introduced Bridge Funding Bill

U.S. Representative Gary Peters (D-Bloomfield Township) introduced a measure designed to ensure the federal government funds the U.S. customs plaza at the proposed bridge connecting Detroit and Windsor, Ontario. The Customs Plaza Construction Act of 2014 calls for the federal government to construct customs plazas at critical international crossings. Governor Snyder has praised Mr. Peters for introducing the measure, which faces an uncertain future in the House. The Governor and the Canadian government have voiced concern at what they say is the reluctance of the federal government to pay for the new U.S. customs plaza as Canada pays for every other aspect of the project. Governor Snyder has said that he is talking with White House staff, federal departments and the state’s congressional delegation to resolve the issue.

Slavens to Run for 7^th Senate District Seat

State Representative Dian Slavens (D-Canton Township) on Wednesday announced that she had officially filed to run for the 7^th Senate District seat currently held by incumbent Senator Patrick Colbeck (R-Canton Township). Former Democratic Representative John Stewart has also filed to run for the Senate seat but recently submitted a dissolution document for his campaign committee. Although he said that did not necessarily mean he would be pulling out of the race, he did say in a phone interview that there would not be a contested primary.

posted by PAA Online , Friday, February 14, 2014 11:12 AM
LINK DIRECTLY TO THIS ARTICLE

This Week's Newsletter

Past Newsletters