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Bill > HB1855
MS HB1855
MS HB1855Sales tax; exempt sales, leases or other retail transfers of certain fixed-wing aircraft.
summary
Introduced
03/14/2024
03/14/2024
In Committee
04/05/2024
04/05/2024
Crossed Over
03/27/2024
03/27/2024
Passed
04/18/2024
04/18/2024
Dead
Signed/Enacted/Adopted
04/25/2024
04/25/2024
Introduced Session
2024 Regular Session
Bill Summary
An Act To Amend Section 27-65-101, Mississippi Code Of 1972, To Exempt From Sales Taxation Sales, Leases Or Other Retail Transfers Of Fixed-wing Aircraft To, Or To Be Used By, Certified Common Carriers In The Transport Of Persons Or Property In Interstate, Intrastate Or Foreign Commerce, And Engines, Accessories And Spare Parts For Such Fixed-wing Aircraft; And For Related Purposes.
AI Summary
This bill exempts from sales tax the sales, leases or other retail transfers of fixed-wing aircraft to, or to be used by, certified common carriers in the transport of persons or property in interstate, intrastate or foreign commerce, as well as the sales of engines, accessories and spare parts for such fixed-wing aircraft. The bill also includes provisions to ensure that any existing taxes or claims are not affected by this new exemption.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Approved by Governor (on 04/25/2024)
Official Document
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