MS HB729

Amends Section 27-65-111 of Mississippi Code to add a new exemption (bbb) for sales tax on tangible personal property and services sold to churches.

Exemption applies only to churches exempt from federal income taxation under 26 U.S.C. Section 501(c)(3) and only for property or services used solely in propagating the church's creed or carrying on customary nonprofit religious activities.

Payment for exempt purchases must be made by credit card, debit card, or similar card issued in the church's name, or by check or other instrument drawn on a bank account in the church's name.

Takes effect July 1, 2024.