SB776 — Use tax: other; exemptions for certain watercraft; provide for. Amends secs. 2 & 4 of 1937 PA 94 (MCL 205.92 & 205.94).

SB776 — Use tax: other; exemptions for certain watercraft; provide for. Amends secs. 2 & 4 of 1937 PA 94 (MCL 205.92 & 205.94). · Informed CitizenrySB776 amends the Use Tax Act to provide specific exemptions for certain watercraft. The bill clarifies that the purchase of a recreational watercraft is exempt from the use tax if the purchase pric…Open in Informed Citizenry