There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Act 106 of 1985
| AN ACT to impose a state excise tax on persons engaged in the business of providing rooms for dwelling, lodging, or sleeping purposes to transient guests in certain counties; to provide for the levy, assessment, and collection of the tax; to provide for the disposition and appropriation of the collections from the tax; to create a convention facility development fund; to authorize the distributions from the fund; to authorize the use of distributions from the tax as security for any bonds, obligations, or other evidences of indebtedness issued to finance convention facilities as provided by law; to prescribe certain other matters relating to bonds, obligations, or other evidences of indebtedness issued for such purposes.
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| Document | Description |
| Section 207.621 | Short title. |
| Section 207.622 | Legislative finding. |
| Section 207.623 | Definitions. |
| Section 207.624 | Excise tax; rates; exemption. |
| Section 207.625 | Excise tax; time and manner of collection; administration of tax. |
| Section 207.626 | Tax cumulative. |
| Section 207.628 | Disposition of collections; use of fund; contract requirement. |
| Section 207.629 | Distribution of fund generally; "qualified local governmental unit" defined; state sports tourism fund; distribution for Super Bowl XL activities. |
| Section 207.630 | Transfer of money to general fund; distribution; substance abuse treatment. |
| Section 207.631 | Refunding bonds, obligations, or other evidences of indebtedness; purposes for issuance; dedication of tax distributions from convention facility development fund; determination by state treasurer; effect of unlawful expenditure. |
| Section 207.632 | Transmitting payment to trustee or trustees for bonds, obligations, or other evidences of indebtedness; prohibition; exception. |
| Section 207.633 | When pledge effective, valid, and binding; lien of pledge; filing or recording of instrument creating pledge; construction of section. |
| Section 207.634 | Bonds, obligations, or other evidences of indebtedness not debt, liability, or obligation of state; payment or refunding; statement. |
| Section 207.635 | State pledge and agreement; construction of section. |
| Section 207.636 | Liberal construction. |
| Section 207.637 | Powers cumulative. |
| Section 207.638 | Annual appropriation. |
| Section 207.639 | Effective date of excise tax. |
| Section 207.640 | Duration of tax. |
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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