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MS SB2019
Bill
Status
2/27/2019
Primary Sponsor
Charles Younger
Click for details
AI Summary
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Exempts retail sales of school supplies from sales tax during a period beginning at 12:01 a.m. on the last Friday in July and ending at 12:00 midnight the following Saturday.
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Defines "school supplies" as an all-inclusive list of 41 items commonly used by students, including backpacks, binders, calculators, paper, pencils, pens, textbooks, notebooks, and art supplies.
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School supplies must have a sales price of less than $100.00 to qualify for the exemption.
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Allows municipalities to suspend the exemption within their corporate limits by adoption of a resolution submitted to the Department of Revenue at least 90 days in advance.
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Effective July 1, 2019.
Legislative Description
Sales taxation; exempt retail sales of school supplies during the last weekend in July.
Last Action
Died In Committee
2/27/2019