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MS SB2936
Bill
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