Use tax: exemptions; sunset date on exemption for firearm safety devices; extend. Amends sec. 4ll of 1937 PA 94 (MCL 205.94ll).

Summary

The bill removes the sales and use tax on the storage, use, and consumption of approved firearm safety devices until the end of 2024. It also mandates that firearm sellers give purchasers a written notice and post a conspicuous notice about the exemption at points of sale. The legislature plans to offset any lost revenue by appropriating funds to the state school aid fund.

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