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House Finance Committee advances bills to extend sales-tax exemption for firearm safe-storage items
Summary
The Michigan House Finance Committee on Feb. 25 voted unanimously to report two bills that would extend the sunset on a sales-tax exemption for firearm safe-storage devices. Sponsors said the exemption is intended to encourage purchases of safes and locks; committee discussion addressed small fiscal impacts to the School Aid Fund.
The Michigan House Finance Committee voted unanimously Feb. 25 in Room 521 of the Anderson Office Building to report two bills that would extend the sunset on a sales-tax exemption for firearm safe-storage devices, Chair Mark Tisdell said at the start of the meeting.
Committee sponsors said the exemption is designed to encourage the purchase of safes and other devices that keep firearms out of unauthorized hands. Representative Paquette, one of the bill sponsors, said the bills “extend the sunset on safe storage items for firearms to December” and added that the policy aims to “get more…
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