MS SB2181

Exempts retail sales of school supplies from sales tax during a period beginning at 12:01 a.m. on the last Friday in July and ending at 12:00 midnight the following Saturday, if the sales price is less than $100.00 per item.

Defines "school supplies" to include 41 specific items commonly used by students, including backpacks, binders, calculators, pencils, pens, notebooks, paper, markers, textbooks, and workbooks.

Maintains existing exemption for clothing and footwear under $100.00 during the same weekend period, while excluding accessories like jewelry, handbags, umbrellas, and specialized items like skis and roller blades.

Allows municipalities to suspend the exemption within their corporate limits by adoption of a resolution, with notice to the State Tax Commission at least 90 days prior to the suspension date.

Takes effect July 1, 2010.