New Tax Exemption for Mississippi Farmers
JACKSON, Miss.- If you have an agricultural business in Mississippi, you could receive a tax break. There has been a change in tax law which may lower your utility bills.
The change went into effect July 1 and exempts certain agricultural businesses from being charged state sales tax on their energy bills.
The new exemption applies where energy is purchased from a utility to be used directly in the production of poultry or poultry products, livestock and livestock products, domesticated fish and fish products, marine aquaculture products, plants or food by commercial horticulturists, the processing of milk and milk products, the processing of poultry and livestock feed, or the irrigation of farm crops.
Public Service Commissioner Brandon Presley said, “We encourage any agricultural producer or family farmer that thinks they could qualify to call their utility provider and see if they could save some dollars on their utility bills.”
You can also call Presley’s office at 1-800-356-6428 for more information.