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MS HB442
Bill
Status
Failed
2/23/2011
Primary Sponsor
Brad Mayo
Click for details
AI Summary
- Amends Mississippi Code Section 27-65-23 to add sales of advertising by newspapers to the list of businesses subject to a 7% gross income tax
- Applies the same tax rate as other service businesses including vehicle repair, plumbing, electrical work, and similar services
- Effective July 1, 2011
- Newspaper advertising sales were previously exempt from this gross income tax
Legislative Description
Sales tax; impose on sales of advertising by newspaper.
Last Action
Died In Committee
2/23/2011
Full Bill Text
No bill text available