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MS SB2397
Bill
Status
Failed
3/27/2024
Primary Sponsor
Charles Younger
Click for details
AI Summary
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Amends Section 27-65-17 of the Mississippi Code to reduce the sales tax rate on fencing materials and cattle trailers sold to farmers for agricultural purposes from 7% to 1.5%.
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Extends the 1.5% reduced rate to parts and labor used to maintain and repair cattle trailers, matching the existing rate for farm tractor repairs.
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Effective July 1, 2024.
Legislative Description
Sales tax; 1.5% rate for retail sales of cattle trailers and fencing materials to farmers for agricultural purposes.
Last Action
Died In Committee
3/27/2024
Committee Referrals
Finance2/14/2024
Full Bill Text
No bill text available