Mississippi Legislature
2001 Regular Session

Senate Bill 3038

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Bill Text

History of Actions

Background

Title

Description: Sales tax; exempt finance charges from.

Bill Text: [Introduced]

History of Actions:

1 01/19 (S) Referred To Finance
2 02/21 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2001
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

Senate Committee:

Principal Author: Blackmon

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 02/21/01 at 01:02.

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2001/pdf/History/SB/SB3038.htm