History of Actions | Background | Title |
Description: Sales taxation; clarify diversion to the Motor Vehicle Ad Valorem Tax Reduction Fund.
1 | 01/20/97 | (S) | Referred To Finance | |
2 | 02/04/97 | (S) | Died In Committee |
Effective date | July 1, 1997 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | No |
Senate Committee:
Principal Author: Bryan
Code Sections: A 027-0065-0075, A 027-0067-0031, RP 027-0067-0035
Title: AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO CLARIFY THE SALES TAX COLLECTIONS THAT ARE DIVERTED INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTION 27-67-31, MISSISSIPPI CODE OF 1972, TO REQUIRE THE DIVERSION OF CERTAIN USE TAX REVENUE DIRECTLY TO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND WITHOUT SUCH REVENUE FIRST BEING DEPOSITED INTO THE GENERAL FUND BY THE STATE TAX COMMISSION; TO REPEAL SECTION 27-67-35, MISSISSIPPI CODE OF 1972, WHICH REQUIRES CERTAIN USE TAX REVENUE TO BE DEPOSITED INTO THE GENERAL FUND AND THEN DISBURSED BY THE STATE TREASURER TO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION; AND FOR RELATED PURPOSES.
End Of Document
1997/History/SB\SB2963.htm