MS HB1441

Amends Mississippi Code Section 27-65-111 to add a new sales tax exemption for nonprofit organizations operating long-term care facilities exclusively for adults with mental retardation.

Exemption applies only to organizations that are exempt from federal income taxation under Section 501(c)(3) of the Internal Revenue Code.

Covers sales of tangible personal property and services to these qualifying nonprofit organizations.

Effective July 1, 2011.

Does not affect or defeat any tax claims, assessments, or appeals that accrued before the effective date.