Use tax: exemptions; offset of the trade in value of personal electronics; provide for. Amends sec. 2 of 1937 PA 94 (MCL 205.92).
Key claim: SB 972 would amend Michigan’s use tax act so the trade-in value of personal electronics offsets the taxable base.
Abstract
(SB0972 · 103rd Legislature) Use tax: exemptions; offset of the trade in value of personal electronics; provide for. Amends sec. 2 of 1937 PA 94 (MCL 205.92). Sponsor: Sen. Roger Victory ® In committee: S Finance, Insurance, And Consumer Protection Latest action (2026-05-14): Referred To Committee On Finance, Insurance, And Consumer Protection
Why this matters
For consumers, this would reduce the use tax owed when acquiring personal electronics by netting out the value of a device traded in, lowering out-of-pocket cost on upgrades. For retailers and the state treasury, it narrows the use tax base in a way that mirrors Michigan’s existing vehicle trade-in offset, with revenue implications tied to how broadly ‘personal electronics’ is defined.