MS HB996

Amends Section 27-65-111 of Mississippi Code to add a new exemption (cc) for sales tax on home medical equipment and supplies ordered or prescribed by a licensed physician.

Exemption applies when payment is made, in part or in whole, on behalf of or for the benefit of an insured as a covered benefit under an insurance policy, contract or plan.

Covers home medical equipment and supplies eligible for payment under Medicare (Title XVIII) or Medicaid (Title XIX), as well as prosthetics, orthotics, oxygen equipment, and durable medical equipment.

Exemption applies only to the portion of the sales price paid by the insurance policy, contract or plan, not to any out-of-pocket patient costs.

Takes effect July 1, 2013.