HB145

Mississippi HB145 increases sales tax rates on firearms, ammunition, and other items, and allocates revenue to assist hospitals for uncompensated.

Mississippi HB145 amends the sales tax rates on various items, including firearms, ammunition, and alcoholic beverages. It increases the sales tax on these items and allocates a portion of the revenue to the Mississippi Hospitals Uncompensated Care Assistance Fund. This fund is intended to provide financial assistance to hospitals for uncompensated medical care services. The bill also revises definitions related to tobacco and vapor products and establishes procedures for taxing and reporting these products.