MI HB4561

Clarifies sales tax exemptions for agricultural equipment including machinery for harvesting grain and biomass, agricultural land tile, subsurface irrigation pipe, portable grain bins, grain drying equipment, and greenhouses used in farming operations.

Specifies that agricultural equipment exemptions apply only when equipment can be disassembled without affecting the structural functionality of buildings and can be reassembled and reused for agricultural purposes.

Excludes food, fuel, clothing, and other personal consumption items from agricultural exemptions, and excludes property permanently affixed to real estate unless specifically listed (agricultural land tile, subsurface irrigation pipe, portable grain bins, or grain drying equipment).

Makes the amended exemptions retroactive to all periods open under section 27a of 1941 PA 122, but excludes any refund claims filed prior to April 9, 2018.

Takes effect immediately upon approval, with the Governor's signature on April 25, 2018.