Bill > SB2804

This bill amends Mississippi's sales tax law to provide a reduced tax rate of 1.5% for retail sales of specific items to commercial farmers. Specifically, the bill allows a lower sales tax rate for fencing materials used to contain livestock, trailers for transporting livestock, and the parts and labor used to maintain or repair such fences and trailers. The bill defines a "commercial farmer" as a person, corporation, or other entity that possesses a commercial farmer's permit issued by the Department of Revenue and presents that permit at the time of purchase. To obtain the permit, an applicant must be verified as a commercial farmer through an application process established by the department. Currently, the standard sales tax rate is 7%, but this bill creates an exception that allows qualifying agricultural businesses to pay only 1.5% sales tax on these specific agricultural infrastructure and equipment purchases. The bill is set to take effect on July 1, 2025, providing a targeted tax reduction to support commercial farmers in Mississippi by making essential agricultural equipment and infrastructure more affordable.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/SB/SB2804.xml