Home/Michigan/Statutes/Ch. 141: MUNICIPAL FINANCING/Act 140 of 1971: GLENN STEIL STATE REVENUE SHARING ACT OF 1971 (141.901-141.921)/§ 141.902
Michigan Statutes

§ 141.902 — “Intangibles tax,”“sales tax,” and “state income tax” defined.

Michigan § 141.902
JurisdictionMichigan
Ch. 141MUNICIPAL FINANCING
Act 140 of 1971GLENN STEIL STATE REVENUE SHARING ACT OF 1971 (141.901-141.921)

This text of Michigan § 141.902 (“Intangibles tax,”“sales tax,” and “state income tax” defined.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mich. Comp. Laws § 141.902 (2026).

Text

GLENN STEIL STATE REVENUE SHARING ACT OF 1971 (EXCERPT) Act 140 of 1971 141.902 “Intangibles tax,”“sales tax,” and “state income tax” defined. Sec. 2.

(1)"Intangibles tax" means the intangibles tax imposed by Act No. 301 of the Public Acts of 1939, as amended, being sections 205.131 to 205.147 of the Compiled Laws of 1948, or any similar act.
(2)"Sales tax" means the sales tax imposed by Act No. 167 of the Public Acts of 1933, as amended, being sections 205.51 to 205.78 of the Compiled Laws of 1948, or any similar act.
(3)"State income tax" means the income tax imposed by Act No. 281 of the Public Acts of 1967, as amended, being sections 206.1 to 206.499 of the Compiled Laws of 1948, or any similar act.

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Legislative History

1971, Act 140, Imd. Eff. Sept. 30, 1971

Nearby Sections

15
§ 141.1001
Short title.
§ 141.1002
State administrative board; powers and duties; actions of board.
§ 141.1003
Cities or counties authorized to borrow money and issue general obligation bonds or obligations to fund operating deficit.
§ 141.1004
Application for order approving bonds or obligations; resolution; determination of accumulated operating deficit; conditions and determinations; statement; issuance of order; determinations and findings conclusive; maximum amount of bonds or obligations; exceptions; bonds or obligations not subject to revised municipal finance act; agency financing reporting act applicable.
§ 141.1005
Bonds or obligations; amounts included.
§ 141.1006
Bonds or obligations; terms and conditions.
§ 141.1007
Levy of property taxes for payment of principal and interest on bonds or obligations.
§ 141.1008
Issuing bonds or obligations as limited tax bonds or obligations; resolution without vote of electors and publication of notice; submitting question to electors; approval or disapproval; prior actions.
§ 141.1009
Bonds or obligations issued before April 11, 1988; bonds or obligations issued after April 11, 1988 and before January 1, 2010; powers of legislative body; agreement providing for direct payment of distributable aid to paying agent, trustee, escrow agent, or other person; lien; special fund; use of taxes; definition.
§ 141.101
Short title; revenue bond act of 1933.
§ 141.1010
Action to enforce compliance with act.
§ 141.1011
Conditional effective date.
§ 141.102
Construction of act.
§ 141.103
Definitions.
§ 141.104
Municipal public improvements; limitations; bonds; acquiring utility for supplying light, heat or power; referendum; powers exercised.
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Bluebook (online)
Michigan § 141.902, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/141/141.902.