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MS HB1520
Bill
Status
2/23/2011
Primary Sponsor
Diane Peranich
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AI Summary
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Adds a new industrial sales tax exemption for supplies, equipment, and personal property sold to organizations exempt under Section 501(c)(3) of the Internal Revenue Code that are host organizations for professional golf tournaments played in Mississippi.
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The exemption applies only when the supplies, equipment, or personal property will be used for purposes related to the golf tournament and related activities.
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Exemption is added as subsection (oo) to Section 27-65-101 of the Mississippi Code of 1972.
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Effective date is July 1, 2011.
Legislative Description
Sales tax; exempt certain sales of personal property to certain organizations coordinating professional golf tournaments in this state.
Last Action
Died In Committee
2/23/2011