Title: Amends the Aeronautics Code of the State of Michigan to Increase Tax on Aviation Fuel
Vote to pass a bill that amends the Aeronautics Code of the State of Michigan to increase the excise tax on aviation fuel from 3 percent to 7 percent.
Increases the aviation fuel tax rate from 3 cents per gallon to 10 cents per gallon (Sec. 203).
Requires 7 cents per gallon to be deposited into the state treasury, and 65% must go to the qualified airport fund, and 35% must go to the state aeronautics fund (Sec. 203).
Title: Amends the Aeronautics Code of the State of Michigan to Increase Tax on Aviation Fuel