Bill > SB2397

This bill amends the Mississippi sales tax law to provide a 1.5% tax rate for the retail sales of fencing materials and cattle trailers to farmers for agricultural purposes, as well as parts and labor used to maintain and/or repair such cattle trailers. The bill also clarifies that the 1.5% tax rate applies to retail sales of farm implements and equipment used in logging, pulpwood operations, or tree farming when sold to farmers or professional loggers for agricultural or logging purposes.