MS SB2229

Creates a sales tax exemption for transfers of motor vehicle ownership between siblings, unless the transferor is a licensed motor vehicle dealer conducting business in the regular course of trade.

Adds new subsection (d) to Section 27-65-201, Mississippi Code of 1972, establishing the sibling exemption as an addition to existing exemptions for family transfers (husband/wife, parent/child, grandparent/grandchild) and inheritance transfers.

Updates references from "State Tax Commission" to "Department of Revenue" throughout the statute.

Effective date is July 1, 2019.

Does not affect any tax claims, assessments, appeals, or liens that accrued before the effective date.