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MS SB2467
Bill
AI Summary
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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
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Requires qualifying community action agencies to receive all of their operational funds from federal or state government sources to be eligible for the exemption
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Amends Section 27-65-111 of the Mississippi Code of 1972, which governs miscellaneous sales tax exemptions not classified as industrial, agricultural, or governmental
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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