HB 844 Summary

• Exempts sales of electricity, power, steam, coal, natural gas, liquefied petroleum gas and other fuel to manufacturers, custom processors, technology intensive enterprises, and public service companies for industrial purposes from sales taxation under Section 27-65-107.

• Exempts sales of electricity and fuel to producers or processors for use directly in production of poultry, livestock, domesticated fish, marine aquaculture products, plants or food by commercial horticulturists, milk processing, livestock feed processing, and farm crop irrigation from sales taxation.

• Exempts sales of electricity and fuel to commercial fishermen, shrimpers and oystermen from sales taxation.

• Makes conforming amendments to Sections 27-65-19, 27-65-75, 27-38-5, and 19-5-343 to align with the new exemptions.

• Effective July 1, 2014.