Bill > HB210

This bill amends Mississippi's sales tax code to create a new sales tax exemption specifically for fixed-wing aircraft. Under the proposed legislation, the gross proceeds from the sale of a fixed-wing aircraft will be exempt from sales tax if the aircraft is exported from Mississippi within 30 days and subsequently registered and first used in another state. This exemption is similar to existing exemptions in the tax code for other types of vehicles like semitrailers, trailers, and boats, which are also exempt if exported quickly and registered in another state. The bill will take effect on July 1, 2025, and does not impact any existing tax claims or assessments that were in place before the law's implementation. By providing this tax exemption, the bill may incentivize aircraft sales and provide financial benefits to businesses or individuals purchasing fixed-wing aircraft in Mississippi who intend to use the aircraft primarily in another state.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0210.xml