Michigan SB997: Sales tax: collections; credit for trade-in vehicles; modify. Amends sec. 1 of 1933 PA 167 (MCL 205.51). TIE BAR WITH: SB 0998'26

What the bill says

To amend 1933 PA 167, entitled "General sales tax act," by amending section 1 (MCL 205.51), as amended by 2023 PA 20.

From the introduced text, May 21, 2026:

A bill to amend 1933 PA 167, entitled "General sales tax act," by amending section 1 (MCL 205.51), as amended by 2023 PA 20. the people of the state of michigan enact: Sec. 1. (1) As used in this act: (a) "Person" means an individual, firm, partnership, joint venture, association, social club, fraternal organization, municipal or private corporation whether or not organized for profit, or not, company, limited liability company, estate, trust, receiver, trustee, syndicate, the United States, this state, county, or any other group or combination acting as a unit, and includes the plural as well as the singular number, unless the intention to give a more limited meaning is disclosed by the context. (b) "Sale at retail" or "retail sale" means a sale, lease, or rental of tangible personal property for any purpose other than for resale, sublease, or subrent. (c) "Gross proceeds" means sales price. (d) "Sales price" means the total amount of consideration, including cash, credit, property, and services, for which tangible personal property or services are sold, leased, or rented, valued in money, whether received in money or otherwise, and applies to the measure subject to sales tax. Sales price includes the following subparagraphs (i) to (vii) and excludes subparagraphs (viii) to (xv):(xiv): (i) Seller's cost of the property sold. (ii) Cost of materials used, …

Read the full official text

Sponsors

• Lindsey, Jonathan (R, 17) · primary sponsor
• Daley, Kevin (R, 26)
• Bellino, Joseph (R, 16)
• McBroom, Edward (R, 38)
• Huizenga, Mark (R, 30)
• Hauck, Roger (R, 34)
• Webber, Michael (R, 9)
• Runestad, Jim (R, 23)
• Victory, Roger (R, 31)
• Damoose, John (R, 37)
• Outman, Rick (R, 33)
• Hoitenga, Michele (R, 36)

Latest actions

1. May 21, 2026: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION
2. May 21, 2026: INTRODUCED BY SENATOR JONATHAN LINDSEY

Common questions

What is SB997?

SB997 is a bill in the Michigan Legislature (103rd Legislature): Sales tax: collections; credit for trade-in vehicles; modify. Amends sec. 1 of 1933 PA 167 (MCL 205.51). TIE BAR WITH: SB 0998'26.

What does SB997 do?

In its own words: To amend 1933 PA 167, entitled "General sales tax act," by amending section 1 (MCL 205.51), as amended by 2023 PA 20.

What is the status of SB997?

In committee as of May 21, 2026. Latest action: REFERRED TO COMMITTEE ON FINANCE, INSURANCE, AND CONSUMER PROTECTION (May 21, 2026).

Who sponsored SB997?

Lindsey, Jonathan (R, 17), with 11 co-sponsors.

Where is the official record for SB997?

On the Michigan Legislature website: https://www.legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-0997