MS HB1614

Amends Section 27-65-21 of Mississippi Code to exempt the portion of contract price attributable to engineering services from the 3.5% contractor's tax when those services are performed by a professional engineer who is the general or prime contractor.

Adds a second condition to existing exemptions for design and engineering services, allowing exemption when the engineer performs the services as the prime contractor, in addition to the existing exemption for projects exceeding $100 million.

Applies to contracts where a licensed professional engineer (as defined in Section 73-13-3) serves as the general or prime contractor and performs engineering services as part of the project.

Takes effect July 1, 2014.