Under the reform, Michigan sales and use taxes would only be applied to the difference between the price of a new car and the value of a trade-in.
After supporting the veto override, Sen. John Proos, R-St. Joseph, issued the following statement:
“We have worked well with the governor to turn around our state and improve our economy, but it was necessary to stand up for Michigan consumers and override the veto of this important reform.
“The people of Southwest Michigan understand that having Michigan remain the only Great Lakes state that taxes the value of a trade-in during a purchase of a car or truck puts our local businesses at a competitive disadvantage and costs Michigan consumers more in taxes.
“I supported taking the historic step of overriding a governor’s veto because this reform is needed to help consumers save money and enable local auto dealers to better compete with Indiana sellers.”