HOUSE BILL No. 4476 March 15, 2001, Introduced by Reps. Kowall, Raczkowski, Howell, Richardville, Vander Veen, Bob Brown, Wojno, Birkholz, Cassis, Meyer, Newell, Faunce, Gosselin, Hager, Voorhees, Bisbee, Bradstreet, Bernero, Kooiman, DeVuyst, McConico, Kuipers, Koetje, Woronchak, Tabor, Middaugh, Mortimer, Sanborn, Cameron Brown, Bishop, Spade, Vander Roest, Garcia, Allen, Pappageorge, Clarke, Richner, Patterson, Lockwood, Lemmons and Vear and referred to the Committee on Tax Policy. A bill to amend 1933 PA 167, entitled "General sales tax act," (MCL 205.51 to 205.78) by adding section 4aa. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 4AA. (1) A PERSON SUBJECT TO THE TAX LEVIED UNDER THIS 2 ACT MAY EXCLUDE FROM THE GROSS PROCEEDS USED FOR THE COMPUTATION 3 OF THE TAX THAT PORTION OF THE PURCHASE PRICE OF NATURAL GAS 4 GREATER THAN $3.00 PER THOUSAND CUBIC FEET. 5 (2) A PERSON SUBJECT TO THE TAX LEVIED UNDER THIS ACT MAY 6 EXCLUDE FROM THE GROSS PROCEEDS USED FOR THE COMPUTATION OF THE 7 TAX THAT PORTION OF THE PURCHASE PRICE OF PROPANE OR FUEL OIL 8 GREATER THAN $1.40 PER GALLON. 9 (3) AS USED IN THIS SECTION, "PURCHASE PRICE" MEANS THE 10 PRICE OF THE NATURAL GAS, PROPANE GAS, OR FUEL OIL BEING 11 DELIVERED. PURCHASE PRICE DOES NOT INCLUDE THE PRICE OF THE 03306'01 *** MRM 2 1 TRANSMISSION AND DISTRIBUTION OF THE NATURAL GAS, PROPANE GAS, OR 2 FUEL OIL. 3 Enacting section 1. This amendatory act does not take 4 effect unless Senate Bill No. _______ or House Bill No. 4478 5 (request no. 03450'01 *) of the 91st Legislature is enacted into 6 law. 03306'01 *** Final page. MRM