MI HB6372

Adds reverse vending machines and spare/repair parts for such machines to the industrial processing sales tax exemption under MCL 205.54t.

Defines a reverse vending machine as that term defined in section 3 of the reverse vending machine antifraud act, 2008 PA 387, MCL 445.653.

Includes use of reverse vending machines to identify and process empty beverage containers and provide deposit refunds as an eligible industrial processing activity.

Expands the definition of "industrial processing" and "industrial processor" to include exempt purposes related to reverse vending machines for beverage container processing.

Adds reverse vending machines as eligible property for the industrial processing exemption in addition to existing machinery, equipment, and processing equipment.