MI HB5234

Exempts the sale of feminine hygiene products (tampons, sanitary napkins, and similar products) from Michigan's general sales tax effective June 30, 2016.

Defines "feminine hygiene products" to include tampons, sanitary napkins, and other similar tangible personal property.

Adds this exemption as subdivision (o) to existing tax exemptions in the General Sales Tax Act, which already includes exemptions for nonprofits, agricultural equipment, medical devices, and other specified items.

Maintains requirement that exemptions only apply to the extent property is used for the exempt purpose, with exemption limited to the percentage of exempt use to total use as determined by an approved formula or method.