Mississippi Embraces Second Amendment Sales Tax Holiday
- Sales Tax News
- Apr 8, 2014 | Gail Cole
Mississippi Governor Phil Bryant (R) signed Senate Bill 2425 into law last week, thereby creating the Mississippi Second Amendment sales tax holiday. The first annual tax-free period for firearms, ammunition, archery equipment and certain hunting supplies will run from September 5 – 7, 2014. In the future, all Second Amendment Sales Tax Holidays will take place from the first Friday in September until midnight the following Sunday.
Under the bill, exempt hunting supplies include but are not limited to:
- Archery equipment;
- Firearm and archery cases;
- Firearm and archery accessories;
- Hearing protection; and
- Holsters, belts and slings.
The exemption does not apply to animals used for hunting.
The governor praised the Mississippi Legislature for their support of “Mississippi sportsmen and sportswomen.” He said,
“Many Mississippians share my strong belief in the Second Amendment and love the outdoors. This tax holiday will help ensure Mississippians continue to enjoy our state’s great outdoor heritage for years to come.”
The new law also drew favorable comments from the National Rifle Association, which thanked the governor for supporting the Second Amendment: “This new law pays tribute to Mississippi’s hunting heritage and our Second Amendment Rights. We look forward to the celebration of these freedoms when Mississippi gun owners and sportsmen visit their local firearms and sporting goods retailers in September.”
There has not been vocal opposition to the bill.
How does your business handle sales tax holidays, and sales tax exemptions in general? Switching to an automated sales tax solution helps you get sales tax right and still allows time to take a holiday.