MS HB334

Reduces sales tax exemption for raw materials used by manufacturers to repair or recondition vessels or barges of 50+ tons load displacement from a full exemption to a one-half (1/2) exemption effective July 1, 2018.

Eliminates the sales tax exemption for sales of electricity, current, power, steam, coal, natural gas, liquefied petroleum gas or other fuel to manufacturers, removing this exemption from Section 27-65-107(f).

Reduces sales tax exemption for sales of tangible personal property and services to certain nonprofit hospitals and infirmaries from a full exemption to a one-half (1/2) exemption.

Eliminates the sales tax exemption for retail sales of firearms, ammunition and hunting supplies made during the annual Mississippi Second Amendment Weekend holiday (last Friday in August through following Sunday).