MS SB2747

Adds new exemption (k) to Section 27-65-105 of Mississippi Code for sales of tangible personal property, labor, services, or products to schools and school districts under federally administered or coordinated programs.

Exemption applies when payment is made by or through a nonprofit organization or entity established by or for the benefit of a federal agency, commission, department, or other instrumentality administering or coordinating the program.

Exemption does not apply to taxes levied under Section 27-65-15 or 27-65-21 of Mississippi Code.

Takes effect July 1, 2016.