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MS HB1637
Bill
Status
2/22/2017
Primary Sponsor
Randal Rushing
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AI Summary
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Exempts retail sales of school supplies priced under $50 from sales tax during a period beginning 12:01 a.m. on the last Friday in July and ending 12:00 midnight the following Saturday.
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Defines "school supplies" as 41 specific items commonly used by students, including backpacks, binders, calculators, notebooks, pencils, pens, paper, folders, and textbooks.
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Allows municipalities to suspend this exemption within their corporate limits by adopting and filing a resolution with the Department of Revenue at least 90 days before the desired suspension date, effective January 1, 2018.
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Takes effect July 1, 2017.
Legislative Description
Sales tax; exempt retail sales of school supplies during the last weekend in July.
Last Action
Died In Committee
2/22/2017