New hunting supplies sales tax holiday bill signed into law
Published: April 3,2014
Tags: ammunition, bill, Chris Cox, guns, hunt, hunter, hunting, hunting supplies, Jeff Smith, legislation, Mississippi Legislature, National Rifle Association, outdoors, Phil Bryant, sales tax holiday, Senate Bill 2425, sports, state government, State of Mississippi
ACROSS MISSISSIPPI — Mississippi will remove its 7 percent state sales tax on guns, ammunition, archery equipment and some hunting supplies the first weekend of each September.
Gov. Phil Bryant yesterday signed Senate Bill 2425. It becomes law July 1.
The “Second Amendment Weekend,” without the tax, begins on the first Friday of each September and runs for three days, through Sunday. This year, it will be Sept. 5-7.
National Rifle Association executive director Chris Cox says the tax holiday “pays tribute to Mississippi’s hunting heritage” and the right to bear arms.
House Ways and Means Chairman Jeff Smith estimates the state will give up $375,000 in revenue each year by temporarily lifting the sales tax on those items.
To sign up for Mississippi Business Daily Updates, click here.
One Response to “New hunting supplies sales tax holiday bill signed into law”
FOLLOW THE MBJ ON TWITTERMy Tweets
Top Posts & Pages
- NEW IN MADISON COUNTY — Mississippi Bio-Medical Business Collaboratory to be introduced Friday
- GreenTech holds grand opening of neighborhood electric vehicle plant
- Turner Grain’s transition will help consolidate lawsuits alleging breach of contract
- Mississippi Film Studios signs contract with New Orleans company
- MDOT cutting more than 40 jobs in Right-of-Way Division
- Granddaughter of Barq's Root Beer founder dies at 90
- Mars Food expanding Delta plant; investing $31M and adding jobs
- Board authorizes sale of company that owns Silver Slipper Casino
- David Duval, former British Open winner, joins Sanderson Farms field
- JRA plans image makeover, hires crisis manager