Section 436.2205 - Imposition of tax; levy; collection; deposit of proceeds; liquor purchase revolving fund. - Michigan Statutes

MICHIGAN LIQUOR CONTROL CODE OF 1998 (EXCERPT)
Act 58 of 1998

436.2205 Imposition of tax; levy; collection; deposit of proceeds; liquor purchase revolving fund.

Sec. 1205.

(1) In addition to any and all taxes imposed by law, there is imposed and levied upon and collected a specific tax equal to 1.85% of the retail selling price of spirits for consumption off the premises. The tax shall be collected by the commission at the time of the sale by the commission.

(2) Upon collection, the commission shall deposit the entire proceeds in the state treasury, to the credit of the liquor purchase revolving fund.

History: 1998, Act 58, Imd. Eff. Apr. 14, 1998