March 24, 2005, Introduced by Reps. Kolb, Gosselin, Cheeks, Cushingberry, Tobocman, Kathleen Law, Vander Veen, Leland, Byrnes, Alma Smith, Zelenko, Meisner, Phillips and Lemmons, III 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 4cc.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 4cc. (1) Beginning January 1, 2006 through December 31,
2008, a person subject to the tax under this act may exclude from
the gross proceeds used for the computation of the tax not more
than $1,000.00 of sales of tangible property for a solar, wind, or
water energy conversion device used to supply converted solar,
wind, or water energy for heating, cooling, or electrifying an
existing or new residential or commercial building.
(2) As used in this section:
(a) "Solar, wind, or water energy conversion device" means a
mechanism or series of mechanisms designed primarily to collect,
convert, transfer, or store for future use solar, wind, or water
energy for the purposes of heating, cooling, or electric supply but
not those parts of a heating, cooling, or electric supply system
that would be required regardless of the energy source being
utilized.
(b) "Water energy conversion device" includes only those
devices that utilize the temperature differences between low and
high water levels.
(3) For the purposes of this section, "commercial building"
excludes any building owned by a corporation that has as any part
of its business the designing or building of solar, wind, or water
energy conversion devices for resale.