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MS HB369

Bill

Status

Failed

3/27/2024

Primary Sponsor

Larry Byrd

Click for details

Origin

House of Representatives

2024 Regular Session

AI Summary

  • Reduces the sales tax rate on retail sales of motorcycles from 7% to 5% by amending Section 27-65-17, Mississippi Code of 1972.

  • Applies the reduced 5% rate to motorcycles as defined in Section 27-19-3.

  • Takes effect on July 1, 2024.

  • Preserves all existing tax claims, assessments, appeals, and liens for taxes accrued before the effective date.

Legislative Description

Sales tax; reduce rate on retail sales of motorcycles.

Last Action

Died In Committee

3/27/2024

Committee Referrals

Ways and Means1/22/2024

Full Bill Text

No bill text available