Sales Tax Credit for Trade-In Vehicles

Current understanding

To be populated as evidence accumulates.

2026-05-19 — Sales tax: exemptions; offset of the trade in value of personal electronics; provide for. Amends sec. 1 of 1933 PA 167 (MCL 205.51).: cross-connection with electronics-trade-in-sales-tax-offset: Both amend the General Sales Tax Act’s ‘sales price’ definition to allow trade-in value offsets — vehicles under existing law, personal electronics under SB0981. (novelty: 2)
2026-05-21 — Use tax: collections; credit for trade-in vehicles; modify. Amends sec. 2 of 1937 PA 94 (MCL 205.92). TIE BAR WITH: SB 0997’26: cross-connection with use-tax-trade-in-credit: SB 0998 (use tax trade-in credit) is tie-barred with SB 0997, which presumably amends the parallel sales tax trade-in credit — the two credits are typically adjusted in tandem. (novelty: 2)
2026-05-21 — 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: SB 997 (2026, Sen. Lindsey) would amend sec. 1 of the General Sales Tax Act (1933 PA 167; MCL 205.51) to modify the sales-tax credit for trade-in vehicles; tie-barred with SB 998; referred to Senate Finance, Insurance, and Consumer Protection on 2026-05-21. (novelty: 2)