Bill Text | History of Actions | Background | Title |
Description: Sales tax; provide that electricity used for certain purposes is a raw material for purposes of industrial exemption.
Bill Text: [Introduced]
1 | 02/06 (S) Referred To Finance | |
2 | 02/27 (S) Died In Committee |
Effective date | July 1, 2002 | |
Disposition | Dead | |
Deadline | Revenue | |
Revenue | Yes | |
Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Canon
Additional Author: Turner
Code Section: A 027-0065-0101
Title: AN ACT TO AMEND SECTION 27-65-101, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ELECTRICITY USED DIRECTLY IN THE ELECTROLYSIS PROCESS IN THE PRODUCTION OF SODIUM CHLORATE SHALL BE CONSIDERED A RAW MATERIAL FOR PURPOSES OF THE INDUSTRIAL SALES TAX EXEMPTION FOR SALES OF RAW MATERIALS TO A MANUFACTURER FOR USE IN MANUFACTURING OR PROCESSING A PRODUCT FOR SALE; AND FOR RELATED PURPOSES.
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2002/html/History/SB/SB3104.htm