HOUSE BILL No. 6155

 

September 9, 2004, Introduced by Rep. Kolb and referred to the Committee on Tax Policy.

        

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                

                                                                                 A bill to amend 1975 PA 228, entitled                                             

                                                                                

    "Single business tax act,"                                                  

                                                                                

    (MCL 208.1 to 208.145) by adding section 22g.                               

                                                                                

                THE PEOPLE OF THE STATE OF MICHIGAN ENACT:                      

                                                                                

1       Sec. 22g.  For tax years that begin after December 31, 2004,                

                                                                                

2   an automobile insurance company may claim a credit against the              

                                                                                

3   tax and surcharge imposed by this act equal to gross receipts               

                                                                                

4   from premiums paid to the taxpayer for automobile insurance                 

                                                                                

5   policies that have premiums that are based primarily on either of           

                                                                                

6   the following categories:                                                   

                                                                                

7       (a) The average miles the automobile is driven weekly,                      

                                                                                

8   annually, or both.                                                          

                                                                                

9       (b) The daily or weekly commuting mileage of the insured.