Mississippi Legislature
2003 Regular Session

House Bill 608

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Bill Text

History of Actions

Background

Title

Description: Sales tax; revise minimum average monthly liability required before a taxpayer must prepay June estimate of sales tax payment.

Bill Text: [Introduced]

History of Actions:

1 01/08 (H) Referred To Ways and Means
2 02/04 (H) Died In Committee

Background Information:

Effective datePassage
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Eads

Code Section: A 027-0065-0033

Title: AN ACT TO AMEND SECTION 27-65-33, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $20,000.00 TO $30,000.00, THE AVERAGE MONTHLY SALES TAX LIABILITY THAT A TAXPAYER REQUIRED TO COLLECT SALES TAX MUST HAVE FOR THE PRECEDING CALENDAR YEAR BEFORE SUCH A TAXPAYER IS REQUIRED TO PAY TO THE STATE TAX COMMISSION ON OR BEFORE JUNE 25, 2003, AND ON OR BEFORE THE TWENTY-FIFTH DAY OF JUNE OF EACH SUCCEEDING YEAR THEREAFTER, AN AMOUNT EQUAL TO AT LEAST SEVENTY-FIVE PERCENT OF THE TAXPAYER'S ESTIMATED SALES TAX LIABILITY FOR THE MONTH OF JUNE OF THE CURRENT CALENDAR YEAR OR AN AMOUNT EQUAL TO AT LEAST SEVENTY-FIVE PERCENT OF THE TAXPAYER'S SALES TAX LIABILITY FOR THE MONTH OF JUNE OF THE PRECEDING CALENDAR YEAR; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/04/03 at 17:50.

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