Mississippi Legislature
2005 Regular Session

House Bill 377

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Bill Text

History of Actions

Background

Title

Description: Sales tax; reduce rate on sales of certain food and revise certain diversions.

Bill Text: [Introduced]

History of Actions:

1 01/05 (H) Referred To Ways and Means
2 02/23 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Fleming

Code Sections: A 027-0065-0017, A 027-0065-0075, A 027-0065-0053

Title: AN ACT TO AMEND SECTION 27-65-17, MISSISSIPPI CODE OF 1972, TO REDUCE THE SALES TAX RATE ON RETAIL SALES OF FOOD FOR HUMAN CONSUMPTION NOT PURCHASED WITH FOOD STAMPS, BUT WHICH WOULD BE EXEMPT FROM SALES TAX IF SUCH FOOD WERE PURCHASED WITH FOOD STAMPS, TO 2%; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT ALL OF THE SALES TAX REVENUE COLLECTED ON SUCH RETAIL SALES OF FOOD WITHIN A MUNICIPALITY SHALL BE ALLOCATED FOR DISTRIBUTION AND PAID TO SUCH MUNICIPALITY; TO INCREASE THE AMOUNT OF THE SALES TAX DIVERSIONS TO THE SCHOOL AD VALOREM TAX REDUCTION FUND AND THE EDUCATION ENHANCEMENT FUND; TO PROVIDE FOR THE PAYMENT OF A PERCENTAGE OF SALES TAX REVENUES GENERATED FROM BUSINESS ACTIVITIES OUTSIDE MUNICIPALITIES TO THE COUNTIES IN WHICH SUCH BUSINESS ACTIVITIES OCCURRED; TO AMEND SECTION 27-65-53, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/23/05 at 16:04.

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