Exempting minor-owned businesses from paying sales tax on the first $10,000 of sales from tangible personal property sold each calendar year and from local taxes, licenses, permits and other local government permissions.

Summary

The bill creates a “lemonade‑stand” exemption that removes state sales tax on the first $10,000 of tangible personal property sold by businesses owned only by minors. It also bars cities, counties and townships from charging any local taxes, licenses, permits or other fees to those minor‑owned enterprises. The measure aims to lower barriers for young entrepreneurs who operate intermittently or seasonally.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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