HB 1991 Summary

• Exempts labor charges for construction, repair, and renovation of residences and dwelling places (including homes, mobile homes, and hunting/fishing camps) from sales tax under definitions of "gross proceeds of sales," "gross income," and "installation charges."

• Excludes apartment buildings, condominiums, hotels, motels, hospitals, nursing homes, and other commercial establishments from the residential exemption.

• Brings forward Sections 27-65-21 and 27-65-23 of Mississippi Code relating to contractor taxes and service business taxes for possible amendment.

• Effective July 1, 2024, with a repeal date of June 30, 2024 (appears to be a technical error in the bill's drafting).