MS HB340

Amends Section 27-65-111 of the Mississippi Code to add a new sales tax exemption for sales of tangible personal property or services to Itawamba Crossroads Ranch, Inc.

Exemption applies to all purchases of tangible personal property and services by the named organization, consistent with similar exemptions already granted to other nonprofits and charitable organizations.

Takes effect July 1, 2020.

Does not affect or defeat any tax claims, assessments, appeals, or suits for taxes accrued before the effective date.