Mississippi Legislature

1997 Regular Session

Senate Bill 2963

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Sales taxation; clarify diversion to the Motor Vehicle Ad Valorem Tax Reduction Fund.

History of Actions:

101/20/97(S)Referred To Finance
202/04/97(S)Died In Committee

Background Information:

Effective dateJuly 1, 1997
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

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.


Information pertaining to this measure was last updated on 01/20/97 at 23:00.



End Of Document

1997/History/SB\SB2963.htm