SB777 — Sales tax: collections; credit for trade-in vehicles; modify. Amends sec. 1 of 1933 PA 167 (MCL 205.51). TIE BAR WITH: SB 0776'24

SB777 — Sales tax: collections; credit for trade-in vehicles; modify. Amends sec. 1 of 1933 PA 167 (MCL 205.51). TIE BAR WITH: SB 0776'24 · Informed CitizenryThis bill amends the General Sales Tax Act to modify the definition of 'sales price' regarding trade-in vehicles and recreational vehicles. It specifies that the agreed-upon value of a motor vehicl…Open in Informed Citizenry