Bill > SB2266

This bill requires the Mississippi Department of Revenue (DOR) to publish a comprehensive list of items eligible for sales tax exemptions or reduced sales tax rates specifically for commercial farmers by August 1, 2025. The bill brings forward existing sections of Mississippi Code related to sales tax, particularly focusing on agricultural and farming-related tax provisions. By creating this public list, the legislation aims to provide clarity and transparency for commercial farmers about their potential tax benefits, making it easier for them to understand and access existing sales tax exemptions and reduced rates. The bill does not create new tax exemptions but instead seeks to compile and publish existing tax provisions that apply to commercial farmers in a single, accessible document. The list will help farmers more easily identify which items they can purchase with tax advantages, covering things like farm tractors, implements, equipment, and other agricultural supplies. The bill will take effect on July 1, 2025, giving the Department of Revenue ample time to compile and publish the required list of tax-exempt or reduced-rate agricultural items.

Agriculture and Natural Resources

https://billstatus.ls.state.ms.us/2025/pdf/history/SB/SB2266.xml