Mississippi Legislature

1998 Regular Session

House Bill 598

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Sales tax; exempt finance charges from.

History of Actions:

101/06/98(H)Referred To Ways and Means
202/25/98(H)Died In Committee

Background Information:

Effective dateJuly 1, 1998
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

House Committee:

Principal Author: Green (72nd)

Code Sections: A 027-0065-0003, A 027-0065-0021

Title: AN ACT TO AMEND SECTION 27-65-3, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FINANCE CHARGES AND CARRYING CHARGES SHALL NOT BE INCLUDED WITHIN THE MEANING OF GROSS PROCEEDS OF SALES FOR PURPOSES OF THE STATE SALES TAX LAW; TO AMEND SECTION 27-65-21, MISSISSIPPI CODE OF 1972, TO REMOVE FINANCE CHARGES AND LATE CHARGES FROM THE MEANING OF COMPENSATION FOR PURPOSES OF THE CONTRACTING SALES TAX; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/25/98 at 17:31.



End Of Document

1998/History/HB\HB0598.htm