Mississippi Legislature
2007 Regular Session

Senate Bill 3012

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Bill Text

History of Actions

Background

Title

Description: Sales tax; provide diversion to Jackson to defray ad valorem tax loss and increased costs incurred as seat of state government.

Bill Text: [Introduced]

History of Actions:

1 01/15 (S) Referred To Finance
2 01/30 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2007
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Frazier

Additional Authors: Harden, Horhn

Code Section: A 027-0065-0075

Title: AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR THE PAYMENT OF AN ADDITIONAL PERCENTAGE OF SALES TAX REVENUE GENERATED FROM BUSINESS ACTIVITIES WITHIN THE CITY OF JACKSON, MISSISSIPPI; TO PROVIDE THAT SUCH PAYMENT TO THE CITY OF JACKSON IS FOR THE PURPOSE OF ASSISTING THE CITY TO DEFRAY THE AD VALOREM TAX LOSS THE CITY SUSTAINS AS A RESULT OF THE STATE OWNERSHIP OF PROPERTY IN THE CITY, AND FOR DEFRAYING INCREASED INFRASTRUCTURE AND PUBLIC SAFETY COSTS INCURRED BY THE CITY AS A RESULT OF BEING THE SEAT OF STATE GOVERNMENT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/30/07 at 18:11.

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