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MS HB549

Bill

Official Source

Status

Passed

3/22/2023

Primary Sponsor

Karl Oliver

Click for details

Origin

House of Representatives

2023 Regular Session

AI Summary

  • Exempts from Mississippi sales tax the sale of tangible personal property by manufacturers or custom processors when the property is shipped or exported from Mississippi and first used in another state
  • The exemption applies regardless of whether the shipment is made by the seller, purchaser, or any third party acting on their behalf
  • Any instruction, training, or inspection provided to the purchaser before the item is shipped out of state does not count as "first use" within Mississippi, preserving the exemption eligibility
  • The act does not affect any existing tax claims, assessments, appeals, or collection actions for taxes due before the effective date
  • Takes effect July 1, 2023

Legislative Description

Sales Tax; exempt certain sales of property transported from this state and first used in another state.

Last Action

Approved by Governor

3/22/2023

Committee Referrals

Finance2/23/2023
Ways and Means1/13/2023

Full Bill Text

No bill text available