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MS SB2936

Bill

Status

Failed

3/20/2014

Primary Sponsor

Brice Wiggins

Click for details

Origin

Senate

2014 Regular Session

AI Summary

  • Aircraft used predominantly to transport passengers or property to offshore oil or natural gas exploration or production platforms or vessels are exempt from Mississippi sales tax
  • Engines, accessories, and spare parts for such aircraft are also exempt from sales tax
  • The exemption amends Section 27-65-101 of the Mississippi Code, which covers industrial sales tax exemptions
  • The bill clarifies that "offshore drilling equipment" includes these aircraft and related components in addition to other types of equipment
  • Effective date: July 1, 2014

Legislative Description

Sales taxation; sales of aircraft used in oil or natural gas exploration or production are exempt.

Last Action

Died On Calendar

3/20/2014

Committee Referrals

Ways and Means3/6/2014
Finance2/10/2014

Full Bill Text

No bill text available