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MS HB1540

Bill

Status

Failed

2/26/2014

Primary Sponsor

Johnny Stringer

Click for details

Origin

House of Representatives

2014 Regular Session

AI Summary

  • Exempts sales of concrete and asphalt from sales taxation when sold to residential builders licensed under Section 73-59-1 et seq. for use in residential construction.

  • Exempts sales of concrete and asphalt from sales taxation when sold to residential remodelers licensed under Section 73-59-1 et seq. for use in residential improvement.

  • Adds two new exemptions (paragraphs (rr) and (ss)) to Section 27-65-101 of the Mississippi Code of 1972.

  • Takes effect July 1, 2014.

Legislative Description

Sales tax; exempt certain sales of concrete and asphalt for use in residential construction.

Last Action

Died In Committee

2/26/2014

Committee Referrals

Ways and Means2/17/2014

Full Bill Text

No bill text available