May 12, 2017
Bills clarifying the existing state sales tax exemption for agricultural products were approved by House and Senate committees this week.
Current law exempts the sale of fruit or agricultural products by a person or corporation that planted, cultivated and harvested the product. HB 600 by Rep. David Sessions, R-Grand Bay, and SB 418 by Sen. Tom Whatley, R-Auburn, specify the exemption would apply to the person or corporation that planted or cultivated and harvested the product.
The bills also state gross receipts from the sale of pine straw products by the person who harvested the product would be exempt from state sales tax.
SB 418 passed the Senate Agriculture, Conservation and Forestry Committee Tuesday. HB 600 received a favorable report from the House Agriculture and Forestry Committee Thursday.
The Federation supports the bills, which await action in the full House and Senate.