Mississippi Legislature

1999 Regular Session

House Bill 300

[Introduced]

Instructions Bill Status Menu




History of Actions

Background

Title

Description: Sales and ad valorem taxes; increase sales tax diversion to municipalities and cap ad valorem tax.

History of Actions:

101/05/99(H)Referred To Ways and Means
202/02/99(H)Died In Committee

Background Information:

Effective dateJuly 1, 1999
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredYes

House Committee:

Principal Author: Young

Code Sections: A 027-0065-0075, A 027-0065-0053, A 021-0033-0045, A 027-0039-0307, A 027-0039-0203, A 027-0039-0205, A 027-0039-0320, A 027-0039-0321

Title: AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO INCREASE FROM 18.5% TO 20.5% THE AMOUNT OF THE STATE'S TOTAL SALES TAX REVENUE COLLECTIONS ON BUSINESS ACTIVITIES WITHIN A MUNICIPALITY THAT IS ALLOCATED FOR DISTRIBUTION TO SUCH MUNICIPALITY; TO AMEND SECTION 27-65-53, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO AMEND SECTIONS 21-33-45 AND 27-39-307, MISSISSIPPI CODE OF 1972, TO CAP THE AD VALOREM MILLAGE RATE THAT MAY BE LEVIED FOR GENERAL PURPOSES BY MUNICIPALITIES AT THE RATE IN EFFECT FOR THE MUNICIPAL 1999 FISCAL YEAR; TO AMEND SECTIONS 27-39-203, 27-39-205, 27-39-320 AND 27-39-321, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/02/99 at 17:06.



End Of Document

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