Effective July 1, 2007, individuals involved in contracting to construct, repair or improvement apartment buildings or condominiums will be subject to contractors’ tax. Prior to this modification, the statute had considered apartment buildings and condominiums as residences, thus construction contracts involving residences were not subject to Mississippi contractors’ tax because they were excluded from the statute. However, effective with this statute change, apartment buildings and condominiums are not considered residences and as a result will be subjected to the contractors’ tax. (S.B. 2387, Laws 2007)