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MS HB1145
Bill
Status
Failed
2/22/2023
Primary Sponsor
Becky Currie
Click for details
AI Summary
- Amends Mississippi Code Section 27-65-111 to add a sales tax exemption for sales of tangible personal property or services to 5th Squad
- 5th Squad joins other exempt organizations including nonprofits, charities, schools, and specific named entities already listed in the exemption statute
- Exemption applies to ordinary and necessary purchases by the organization, consistent with similar exemptions for other qualifying entities
- Effective date is July 1, 2023
- Does not affect any tax claims, assessments, or actions that accrued before the effective date
Legislative Description
Sales tax; exempt sales of tangible personal property and services to 5th squad.
Last Action
Died In Committee
2/22/2023
Committee Referrals
Ways and Means1/16/2023
Full Bill Text
No bill text available