Mississippi Legislature

1998 Regular Session

House Bill 637

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Sales tax; divert to municipalities tax collected on lease of motor vehicles, farm equipment and office equipment.

History of Actions:

101/06/98(H)Referred To Ways and Means
202/03/98(H)Died In Committee

Background Information:

Effective dateJuly 1, 1998
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

House Committee:

Principal Author: Holden

Code Section: A 027-0065-0075

Title: AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE STATE'S SALES TAX REVENUE COLLECTED ON THE RENTAL OR LEASE OF PRIVATE CARRIERS OF PASSENGERS, LIGHT CARRIERS OF PROPERTY, FARM EQUIPMENT AND OFFICE EQUIPMENT SHALL BE DIVERTED TO THE MUNICIPALITY WITHIN WHICH SUCH RENTAL OR LEASE OCCURS; TO DELETE THE PROVISION THAT REQUIRES THAT THE STATE'S SALES TAX REVENUE COLLECTED ON THE RENTAL OR LEASE OF PRIVATE CARRIERS OF PASSENGERS AND LIGHT CARRIERS OF PROPERTY BE DIVERTED INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/03/98 at 18:29.



End Of Document

1998/History/HB\HB0637.htm