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MS HB1576
Bill
Status
Failed
2/26/2014
Primary Sponsor
Brent Powell
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AI Summary
- Exempts homeowners' associations from sales tax on electricity used solely to operate street lights and security equipment within the association's boundaries
- Exempts homeowners' associations from sales tax on purchases of street lights and security equipment used for safety and security purposes within the association's boundaries
- Defines "security equipment" to include alarm systems, cameras, video equipment, and other monitoring, recording, or surveillance equipment
- Amends Mississippi Code Sections 27-65-19 and 27-65-111 to add these exemptions
- Effective date: July 1, 2014
Legislative Description
Sales tax; exempt sales of electricity, street lights and security equipment to homeowners' associations for security purposes.
Last Action
Died In Committee
2/26/2014
Committee Referrals
Ways and Means2/18/2014
Full Bill Text
No bill text available