MI HB6220

Adds new taxable category for food and food ingredients sold from vending machines effective October 1, 2010, removing previous exemption.

Maintains existing exemptions for prescription drugs, food/food ingredients (except vending machine sales after October 1, 2010), beverage container deposits, federal food stamp purchases, seeds/plants, and live animals for slaughter.

Defines "prepared food" to include heated food, mixed food ingredients, and food sold with eating utensils, but excludes items only cut/repackaged, raw foods requiring cooking, unheated foods sold by weight/volume, and certain bakery items.

Establishes different tax treatment for vending machine food before and after October 1, 2010: before the date, only certain heated/cooled items are taxable; after the date, all food and food ingredients from vending machines become taxable.

Provides vending machine operators with tax calculation options based on either actual gross proceeds or 45% of total proceeds from mixed taxable and exempt items (excluding carbonated beverages).