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”
Top Posts & Pages
- Source: Bryant has offered Glenn McCullough MDA job
- College Board names Glenn Boyce as higher education chief
- TRANSITION AT THE MDA — Is Mississippi better off than it was 3 years ago?
- (WITH VIDEO) Funding secured for Capitol Art Lofts in downtown Jackson
- Deepwater Horizon Five Years Later — Restoring the Mississippi coast starts with a strong foundation
- PHIL HARDWICK: The third grade reading gate, book buddies and school principals
- Chancery Court’s interpretation of ‘public use’ will guide ruling on Westin money
- THE SPIN CYCLE — Key results from Pew’s social media survey
- COMMERCIAL FINANCE 701: Loans disguised as government bonds (BOANs)