MS SB2804

Reduces sales tax rate to 1.5% on retail sales of fencing materials for livestock containment, livestock trailers, and parts and labor for maintenance or repair of such items when sold to commercial farmers for agricultural purposes.

Defines "commercial farmer" as a person, corporation, limited liability company, or other entity that possesses a commercial farmer's permit issued by the Department of Revenue and presents the permit at time of purchase.

Requires the Department of Revenue to establish an application process for issuing numbered commercial farmer's permits to qualified applicants.

Amends Section 27-65-17, Mississippi Code of 1972, to add this new tax rate category alongside existing reduced rates for farm tractors, farm implements, and other agricultural equipment.

Takes effect July 1, 2025.