Mississippi Legislature
2003 Regular Session

Senate Bill 2976

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Bill Text

History of Actions

Background

Title

Description: Taxation; impose a 2 per liter tax on retail sales of bottled water.

Bill Text: [Introduced]

History of Actions:

1 02/17 (S) Referred To Finance
2 02/26 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2003
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

Senate Committee:

Principal Author: Dawkins

Title: AN ACT TO IMPOSE AN EXCISE TAX ON RETAIL SALES OF BOTTLED WATER IN THE AMOUNT OF 2 PER LITER; TO PROVIDE FOR THE MANNER OF IMPOSITION AND COLLECTION OF THE TAX; TO PROVIDE THAT 50% OF THE REVENUE COLLECTED AS A RESULT OF LEVY OF SUCH TAX SHALL BE DEPOSITED INTO THE WATER POLLUTION CONTROL REVOLVING LOAN FUND; TO PROVIDE THAT THE REMAINDER OF THE REVENUE COLLECTED AS A RESULT OF THE LEVY OF SUCH TAX SHALL BE DEPOSITED INTO THE LOCAL GOVERNMENTS AND RURAL WATER SYSTEMS IMPROVEMENTS REVOLVING LOAN FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/26/03 at 15:20.

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2003/html/History/SB/SB2976.htm