Sales tax; exempt sales of utilities to certain nonprofit organizations.

HB 1989 amends Mississippi's sales tax code to exempt certain nonprofit organizations from paying sales tax on utilities (like electricity, gas, or water) used at properties primarily hosting agricultural exhibits, livestock shows, carnival rides, horse racing, or similar entertainment events. Specifically, it adds a new exemption for 501(c)(3) nonprofits whose utilities are utilized on property dedicated to these activities. This change directly affects qualifying nonprofits that operate such events, reducing their operational costs by eliminating sales tax on essential utilities. The bill does not create new taxes or alter existing exemptions beyond this specific utility purchase scenario.