MS HB103

Reduces sales tax rate on retail sales of motorcycles from 7% to 5% effective July 1, 2016.

Reduces sales tax rate on retail sales of boats from 7% to 5%.

Reduces sales tax rate on retail sales of towable recreational vehicles (travel trailers, fifth-wheel trailers, folding camping trailers, park model RVs, and truck campers not exceeding 8.5 feet wide) from 7% to 5%.

Reduces sales tax rate on retail sales of all-terrain vehicles from 7% to 5%.

Does not affect tax claims, assessments, or appeals for taxes accrued before the effective date.