Bill > HB43

This bill amends the Mississippi Code of 1972 to add a new sales tax exemption specifically for the Lincoln Civic Center Foundation. Under the existing law, certain organizations are already exempt from sales tax, such as hospitals, non-profit museums, educational institutions, and various charitable organizations. This new provision will allow the Lincoln Civic Center Foundation to purchase tangible personal property and services without being charged sales tax, similar to other nonprofit organizations currently listed in the tax code. The exemption will take effect on July 1, 2025, and will not impact any existing tax claims or assessments prior to that date. By creating this exemption, the bill aims to provide financial support to the Lincoln Civic Center Foundation by reducing its operational costs through tax relief, which is consistent with the state's approach of supporting various nonprofit and community-focused organizations through targeted sales tax exemptions.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0043.xml