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MS HB1199

Bill

Official Source

Status

Failed

6/3/2020

Primary Sponsor

Larry Byrd

Click for details

Origin

House of Representatives

2020 Regular Session

AI Summary

  • Reduces the sales tax rate on retail sales of motorcycles from 7% to 5% by amending Section 27-65-17, Mississippi Code of 1972.

  • Defines motorcycles according to Section 27-19-3 for purposes of the reduced tax rate.

  • Preserves all existing claims, assessments, appeals, and suits for taxes accrued before the effective date under current sales tax laws.

  • Takes effect July 1, 2020.

Legislative Description

Sales tax; reduce rate on retail sales of motorcycles.

Last Action

Died In Committee

6/3/2020

Committee Referrals

Ways and Means2/17/2020

Full Bill Text

No bill text available