Bill Text | History of Actions | Background | Title |
Description: Special fuel; tax special fuel at the time of withdrawal from the terminal.
Bill Text: [Introduced]
| 1 | 01/15 (S) Referred To Finance | |
| 2 | 01/30 (S) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Minor
Code Sections: A 027-0055-0505, A 027-0055-0507, A 027-0055-0519, A 027-0055-0527, A 027-0055-0529
Title: AN ACT TO AMEND SECTIONS 27-55-505, 27-55-507, 27-55-519, 27-55-527 AND 27-55-529, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT SPECIAL FUEL TAX SHALL BE PAID BY THE PERSON THAT HOLDS THE INVENTORY POSITION OF THE SPECIAL FUEL AS REFLECTED IN THE RECORDS OF THE TERMINAL OPERATOR AT THE TIME OF WITHDRAWAL FROM THE TERMINAL; TO INCREASE THE MAXIMUM AMOUNT OF THE SURETY BOND THAT THE STATE TAX COMMISSION MAY REQUIRE IN ORDER FOR A PERSON TO ENGAGE IN BUSINESS AS A DISTRIBUTOR OF SPECIAL FUEL; TO CREATE A NEW CODE SECTION TO BE CODIFIED AS SECTION 27-55-520, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A REFUND FOR EXEMPT SALES BY DISTRIBUTORS WHO HAVE NO TAX LIABILITY TO OFFSET THE EXEMPTION; AND FOR RELATED PURPOSES.
End Of Document
2001/pdf/History/SB/SB2619.htm