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MS HB1680
Bill
Status
3/27/2013
Primary Sponsor
Jeffrey Smith
Click for details
AI Summary
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Amends Mississippi Code Section 27-65-11 to clarify that certain scrap metal recycling activities qualify as "manufacturing" under sales tax law.
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Includes activities where scrap metal recyclers convert material into specification-grade commodities through processing, removing waste, and cutting, chipping, sorting, sizing or shaping the material for sale.
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Excludes from manufacturing definition activities limited to gathering, flattening, sorting, bundling for transportation or storage, or removing parts for resale without producing specification-grade commodities.
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Effective July 1, 2013.
Legislative Description
Sales tax law; include certain recycling activities in the terms "to manufacture" and "manufacturing".
Last Action
Approved by Governor
3/27/2013