Use tax: exemptions; large agricultural processing facility project exemption; provide for. Amends 1937 PA 94 (MCL 205.91 - 205.111) by adding sec. 4mm.

Summary

The bill creates a use‑tax exemption for tangible personal property that is installed as part of, or integral to, a large agricultural processing facility or its infrastructure. It applies to owners, builders, and contractors involved in projects that invest at least $50 million in constructing, expanding, retooling, or improving such facilities. The aim is to lower costs and encourage development of big‑scale ag‑processing operations in Michigan.

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