MS HB218

Amends Section 27-65-111 of the Mississippi Code of 1972 to add a new sales tax exemption for sales of tangible personal property or services to 5th Squad.

5th Squad is added to the list of organizations exempt from state sales taxation, joining existing exempt entities such as nonprofits, educational institutions, charitable organizations, and specific named organizations.

The exemption applies to tangible personal property and services purchased by 5th Squad, similar to exemptions already granted to entities like the Salvation Army, Girl Scouts, and various disease research foundations.

Takes effect July 1, 2024.