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MS SB2467

Bill

Status

Failed

2/24/2021

Primary Sponsor

Robert Jackson

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Origin

Senate

2021 Regular Session

AI Summary

  • Exempts from Mississippi sales tax all sales of tangible personal property and services to community action agencies that qualify as 501(c)(3) tax-exempt organizations under the Internal Revenue Code

  • Requires qualifying community action agencies to receive all of their operational funds from federal or state government sources to be eligible for the exemption

  • Amends Section 27-65-111 of the Mississippi Code of 1972, which governs miscellaneous sales tax exemptions not classified as industrial, agricultural, or governmental

  • Effective date of July 1, 2021

Legislative Description

Sales taxation; exempt sales to certain community action agencies exempted from federal income taxation.

Last Action

Died In Committee

2/24/2021

Committee Referrals

Finance1/18/2021

Full Bill Text

No bill text available