Bill > HB931

This bill amends Section 27-65-17 of the Mississippi Code to reduce the sales tax rate specifically for retail motorcycle sales from seven percent to five percent. Currently, most retail sales in Mississippi are taxed at 7%, with various exceptions for specific types of sales like farm equipment, vehicles, and certain industrial machinery. The bill adds a new subsection to the existing tax code that explicitly sets the sales tax rate for motorcycles at 5%, which means consumers purchasing motorcycles will pay a lower tax rate compared to the standard retail sales tax. This change will take effect on July 1, 2025, and does not impact any existing tax claims, assessments, or ongoing tax-related legal proceedings that were in place before the bill's implementation. The bill does not affect other types of vehicle sales, which will continue to be taxed at their current rates, such as 3% for automobiles and trucks.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/HB/HB0931.xml