MI HB5596

Exempts prepared food sold to nonprofit organizations described in the tax code from use tax when the food is used or consumed in connection with a fundraiser or other organized event held by the organization.

Clarifies that the prepared food exemption applies without regard to the limitations that normally restrict tax exemptions for tangible personal property and vehicles used by exempt organizations.

Defines "prepared food" by reference to section 4d of the general sales tax act for purposes of determining eligibility for this exemption.

Makes technical corrections to existing language in the use tax exemptions, including punctuation changes in subdivision (w) relating to nonprofit organization exemptions.