MS SB2434

Creates the Sales Tax Taxation of Construction-Related Activities Study Committee to examine and develop recommendations for taxing construction-related activities in Mississippi.

Committee must study and report to the 2021 Regular Session with recommendations on which construction-related businesses should be subject to sales tax and how construction activities should be taxed.

Committee composition includes the Mississippi Department of Revenue Commissioner, one state senator, one state representative, chairs of the Senate Finance and House Ways and Means committees, representatives from five construction industry associations, and one gubernatorial appointee.

Department of Revenue shall provide staff and support; state departments and agencies must provide requested facilities, assistance, information, and data to the committee upon request.

Committee dissolves upon submitting its report to the 2021 Regular Session.