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MS HB376

Bill

Status

Failed

2/24/2021

Primary Sponsor

Henry Zuber

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Amends Section 27-65-111 of the Mississippi Code to add a new sales tax exemption for precious metals bullion.

  • Defines "precious metals bullion" as bars, ingots, or commemorative medallions of gold, silver, platinum, palladium, or combinations thereof where the value depends on metal content rather than form.

  • Exempts sales of precious metals bullion from Mississippi's sales tax.

  • Takes effect July 1, 2021.

Legislative Description

Sales tax; exempt sales of precious metals bullion.

Last Action

Died In Committee

2/24/2021

Committee Referrals

Ways and Means1/18/2021

Full Bill Text

No bill text available