Mississippi Legislature
2007 Regular Session

Senate Bill 2390

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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 01/09 (S) Referred To Finance
2 02/21 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2007
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 02/21/07 at 15:21.

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2007/html/History/SB/SB2390.htm