Bill > SB2969

This bill amends Mississippi's sales tax law to expand an existing tax exemption for nonprofit organizations. Specifically, the bill modifies Section 27-65-111 to include nonprofit organizations that provide temporary housing for homeless persons among the entities eligible for sales tax exemption, provided the organization is recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code. Currently, similar tax exemptions exist for various nonprofit organizations, including those providing foster care, adoption services, and housing for unwed mothers. The bill effectively adds homeless housing providers to this list of tax-exempt organizations, meaning these nonprofits would not have to pay sales tax when purchasing tangible personal property or services needed for their operations. The amendment is part of a broader Mississippi Code section that outlines various sales tax exemptions for specific types of organizations and purposes. The bill will take effect on July 1, 2025, giving state agencies and nonprofit organizations time to prepare for the new tax exemption.

Budget and Finance

https://billstatus.ls.state.ms.us/2025/pdf/history/SB/SB2969.xml