Sales tax; exempt sales of lime for agricultural purposes, reduce rate on retail sales of fencing materials for containment of livestock.

Summary

The law removes the state sales tax on lime sold for farming purposes and reduces the tax on fencing materials used to contain livestock to 1.5% when purchased by commercial farmers. These changes aim to lower input costs for Mississippi’s agricultural producers.

AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.

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