MS SB2266

Department of Revenue must publish by August 1, 2025, a list of items eligible for sales tax exemptions or reduced rates under commercial farmer permits.

Farm tractors and parts/labor for maintenance and repair are taxed at 1.5% when sold to farmers for agricultural purposes.

Farm implements used directly in production of poultry, livestock, fish, crops, or other agricultural purposes are taxed at 1.5%, including equipment for logging, pulpwood, and tree farming operations.

Agricultural exemptions are confined to those provided in Section 27-65-103 and include cotton, seeds, fertilizers, livestock feed, poultry feed, and certain agricultural products sold in original condition.

Act takes effect July 1, 2025.