Rep. Mark Tisdel

Maddy summaryHB 5863 amends the Michigan Use Tax Act to clarify definitions regarding what constitutes a "purchase" and how "purchase price" is calculated for tax purposes. The bill specifically updates language to exclude separately stated interest, financing charges, and employee discounts from the taxable amount, while also refining rules for trade-ins and third-party discounts. These changes directly affect sellers, dealers, and consumers by establishing clearer guidelines on which fees and costs are subject to use tax. By modifying the statutory definitions, the legislation aims to ensure consistent application of tax rules without altering the fundamental tax rate or introducing new exemptions.

Maddy summaryThis bill requires the Michigan Unemployment Agency to get approval from both houses of the state legislature before making specific changes to its operations. Under the new rules, the agency cannot move staff between divisions, cancel the waiting period for first unemployment payments, or remove computer systems designed to detect potential fraud. These systems currently flag claims based on factors like blacklisted email addresses, out-of-state addresses, or duplicate information such as shared bank accounts and IP addresses. Essentially, the legislation ensures that significant shifts in how the agency manages its workforce or verifies claimants must be explicitly authorized by lawmakers first.

Maddy summaryThis bill creates a new tax credit for distributors of returnable beverage containers in Michigan, starting in the 2024 tax year. Eligible companies can claim a credit of $0.005 for each returnable container they sell, with the credit amount increasing annually based on the national Consumer Price Index. To receive the credit, distributors must submit specific reports to the state and can get a refund if the credit exceeds their tax liability. The legislation applies to various business structures, including partnerships and corporations, and defines key terms by referencing existing state laws.

Maddy summaryThis bill proposes a new state income tax credit for Michigan residents with children for tax years beginning in 2025 through 2028. It allows taxpayers to claim a $500 credit for each dependent who is under 19 years old at the end of the tax year, provided they already claimed an exemption for that child. The credit is non-refundable, meaning it can only reduce the amount of tax owed and cannot result in a refund if the credit exceeds the tax liability. This measure directly affects families with young children who file state income tax returns during the specified period.

Maddy summaryThis bill proposes a new tax credit for Michigan residents purchasing a single-family home as their primary residence starting in the 2025 tax year. Eligible taxpayers can claim a credit equal to 10% of their down payment, capped at a maximum of $3,000, provided they attach a copy of the settlement statement to their annual tax return. The legislation defines a qualifying home to include manufactured homes, trailers, mobile homes, condominiums, and cooperatives that are owned and occupied by the buyer.

Maddy summaryThis bill creates a tax credit for Michigan homeowners who make specific improvements to their primary residence starting in the 2025 tax year. Homeowners can claim a credit equal to 10% of their qualified improvement expenses, up to a maximum of $3,000, provided they submit proof of the costs to the state department. The legislation defines qualified improvements as renovations that add value, extend the property's useful life, or improve energy efficiency, such as kitchen or bathroom updates and structural changes. If the calculated credit is larger than the taxpayer's total tax liability for the year, the excess amount will be refunded to the homeowner.

Maddy summaryThis bill establishes an annual sales tax holiday in Michigan for back-to-school shopping, offering tax-free purchases of specific items between the third Saturday in August and the third Sunday in August. Eligible items include clothing under $100 per piece, school supplies under $20 per item, and computers or computer supplies under $1,000 and $500 respectively, provided they are for personal use and not accessories like jewelry or bags. The legislation also clarifies how discounts, coupons, and layaway plans are handled to determine tax eligibility, ensuring that the final sale price dictates whether an item qualifies for the exemption.

Maddy summaryThis bill creates a temporary tax break for Michigan residents purchasing back-to-school items during a specific window in late August. It exempts the use tax on clothing under $100, school supplies under $20, and computers or computer supplies under $1,000 and $500 respectively, provided the items are bought between the third Saturday of August and the third Sunday. The law explicitly excludes accessories like jewelry and watches, as well as sports gear and protective equipment, from these savings. Additionally, the bill clarifies how discounts and layaway plans work during the holiday, ensuring that reduced prices still qualify for the exemption.

Maddy summaryThis bill proposes to eliminate Michigan's state real estate transfer tax by repealing the existing law that governs it. The legislation directly affects individuals and entities involved in property transactions, as it would remove the tax currently applied to the transfer of real estate. To offset the financial impact of this repeal, the bill includes a provision requiring the state to use general funds to fully compensate for any resulting loss in revenue to the state school aid fund.

Maddy summaryThis bill modifies Michigan law to clarify that downtown development authorities remain exempt from real estate transfer taxes after the state repealed its general real estate transfer tax act. It directly affects local government entities responsible for managing downtown revitalization projects by ensuring their property transfers are not subject to these fees. The legislation does not create new taxes or spending but simply updates existing rules to reflect the current tax landscape. Because it is tied to another bill, this measure will only become active if that companion legislation is also passed.