MS HB1549

Exempts retail sales of accessories, equipment, labor, parts, and services for truck-tractors and semitrailers used in interstate commerce from one-half of sales taxes imposed under Mississippi Code Section 27-65-101.

Applies only to vehicles registered under the International Registration Plan (IRP) or similar reciprocity agreements relating to proportional registration of commercial vehicles.

Exemption becomes effective July 1, 2015.

Reduces sales tax liability by 50% on qualifying transactions, rather than providing a complete exemption.