This bill amends the Michigan Vehicle Code by modifying section 801j to allow regional transit authorities to impose an additional vehicle registration tax of up to $1.20 for every $1,000 of a vehicle's list price. This tax can only be implemented if approved by a majority of voters in the public transit region during a regular November election. The bill specifies that the ballot must detail how the tax proceeds will be used, and the collected funds must be allocated for comprehensive transportation purposes as defined by law.
Additionally, the bill outlines the procedural requirements for placing the tax proposal on the ballot, including the need for a resolution from the regional transit authority's board of directors. It also clarifies that the Secretary of State will be responsible for collecting the tax and distributing the funds to the regional transit authority, with necessary collection expenses deducted based on an established cost allocation methodology. The bill explicitly states that it does not apply to company test vehicles, which are defined as vehicles owned by manufacturers for testing and evaluation purposes. The amendments will take effect on January 1, 2027, contingent upon the enactment of a related Senate Bill.
Statutes affected: Senate Introduced Bill: 257.801