Mississippi Legislature
2007 Regular Session

House Bill 1564

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Bill Text

History of Actions

Background

Title

Description: Sales tax; revise definition of "gross proceeds of sales" to exclude rebates given on motor vehicle purchases.

Bill Text: [Introduced]

History of Actions:

1 01/23 (H) Referred To Ways and Means
2 02/21 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2007
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Guice

Additional Author: Zuber

Code Section: A 027-0065-0003

Title: AN ACT TO AMEND SECTION 27-65-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF "GROSS PROCEEDS OF SALES" FOR PURPOSES OF THE STATE SALES TAX LAW TO EXCLUDE REBATES GIVEN TO A PURCHASER AND ASSIGNED TO A DEALER ON THE PURCHASE OF CERTAIN MOTOR VEHICLES WHEN SUCH REBATE IS USED TO REDUCE THE SALES PRICE PAID BY THE PURCHASER; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/21/07 at 15:45.

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2007/pdf/History/HB/HB1564.htm