SB3001: Sales tax; exempt retail sales of groceries, and adjust distribution to avoid impact on municipalities.
Legislative Summary
An Act To Amend Section 27-65-111, Mississippi Code Of 1972, To Exempt From The Sales Tax Retail Sales Of Groceries; To Amend Section 27-65-75, Mississippi Code Of 1972, To Adjust The Distribution Of Sales Tax Revenue In Order To Maintain The Distribution To Municipalities As If Groceries Continued To Be Taxed At 7%; To Amend Section 27-65-241, Mississippi Code Of 1972, To Conform; And For Related Purposes.
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