MI HB5169

Exempts from sales tax tangible personal property purchased for assembly, use, or consumption in connection with large agricultural processing facility projects in Michigan

Exemption applies to property that will be affixed to and made a structural part of the agricultural processing facility or its infrastructure improvements

Defines agricultural processing facilities as Michigan locations that transform, package, sort, or grade livestock, agricultural commodities, or plants into goods for intermediate or final consumption (excluding forest products)

Requires projects to have a minimum capital investment of $100,000,000 to qualify for the exemption

Covers construction, expansion, infrastructure improvements, or retooling of qualifying agricultural processing facilities