Exempts large agricultural processing facility projects from sales tax on tangible personal property.

This bill amends Michigan's sales tax law to exempt the sale of tangible personal property from tax for large agricultural processing facility projects. The exemption applies to property used in connection with the project or for infrastructure improvements. To qualify, the project must involve a capital investment of at least $100 million and the property must be integral to the facility or improvements. The exemption only applies if the property is affixed to or made part of the facility or improvements.

Exempts large agricultural processing facility projects from sales tax on tangible personal property.

This bill amends Michigan's sales tax law to exempt the sale of tangible personal property from tax for large agricultural processing facility projects. The exemption applies to property used in connection with the project or for infrastructure improvements. To qualify, the project must involve a capital investment of at least $100 million and the property must be integral to the facility or improvements. The exemption only applies if the property is affixed to or made part of the facility or improvements.