MS SB3000

Exempts from sales taxation the purchase of tangible personal property used in contracts for improvements to realty for churches or religious associations exempt from federal income taxation under Section 501(c)(3).

Property exemption applies only if the tangible personal property is incorporated into realty, necessary and essential for the contract, and completely consumed at the job site.

Exempts sales of services performed at the job site for improvements to realty for qualifying churches or religious associations if the contract expressly requires the service or if the service is integral to contract performance.

Defines "completely consumed" as property that is used up or destroyed after being used once for its intended purpose, excluding rented or leased property.

Effective date: July 1, 2011.