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MS HB1526

Bill

Official Source

Status

Failed

2/23/2011

Primary Sponsor

Percy Watson

Click for details

Origin

House of Representatives

2011 Regular Session

AI Summary

  • Adds a new industrial sales tax exemption for supplies, equipment, and personal property sold to 501(c)(3) tax-exempt organizations that host and coordinate professional golf tournaments in Mississippi.

  • The exemption applies only when the purchased items are used for purposes directly related to the golf tournament and related activities.

  • Amends Section 27-65-101 of the Mississippi Code by adding subsection (oo) to establish this exemption.

  • Takes effect 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

Full Bill Text

No bill text available