2019
Regular Session
Sales taxation; divert portion of revenue to certain counties in which certain tax increment finance projects are located.
AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A DIVERSION TO CERTAIN COUNTIES OF A PORTION OF THE SALES TAX REVENUE COLLECTED ON BUSINESS ACTIVITIES WITHIN A REDEVELOPMENT PROJECT DEVELOPED UNDER THE TAX INCREMENT FINANCING ACT IF THE COUNTY HAS ISSUED BONDS UNDER THE TAX INCREMENT FINANCING ACT TO FINANCE ALL OR A PORTION OF SUCH REDEVELOPMENT PROJECT, ANY DEBT SERVICE FOR SUCH INDEBTEDNESS IS OUTSTANDING, AND A DEVELOPMENT WITH A VALUE OF $10,000,000.00 OR MORE IS, OR WILL BE, LOCATED IN THE REDEVELOPMENT AREA; TO REQUIRE THE REVENUE FROM SUCH DIVERSION TO BE UTILIZED TO SATISFY SUCH INDEBTEDNESS; TO PROVIDE THAT THE DIVERSION SHALL END THE MONTH THE INDEBTEDNESS IS SATISFIED; TO AMEND SECTION 21-45-9, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
05/21/19 at 11:38
S
B
2425
Senate Bill 2425
SB 2425
S
Law
General Bill/Constitutional Amendment
No
Majority
July 1, 2019
391
Ways and Means
F
../../House_cmtes/WM.xml
Finance
F
../../Senate_cmtes/FI.xml
Fillingane
../../Senate_authors/Fillingane.xml
Wiggins
../../Senate_authors/Wiggins.xml
A
../../code_sections/027/00650075.xml
A
../../code_sections/021/00450009.xml
1
01/21 (S) Referred To Finance
2
01/24 (S) Title Suff Do Pass
3
01/31 (S) Passed
../../../../2019/pdf/votes/senate/0240006.pdf
4
02/01 (S) Transmitted To House
5
02/19 (H) Referred To Ways and Means
6
03/05 (H) Title Suff Do Pass
7
03/07 (H) Passed
../../../../2019/pdf/votes/house/0590005.pdf
8
03/11 (H) Returned For Enrolling
9
03/19 (S) Enrolled Bill Signed
10
03/19 (H) Enrolled Bill Signed
11
03/22 Approved by Governor
../../../../documents/2019/pdf/SB/2400-2499/SB2425SG.pdf
../../../../documents/2019/html/SB/2400-2499/SB2425SG.htm
../../../../documents/2019/pdf/SB/2400-2499/SB2425IN.pdf
../../../../documents/2019/html/SB/2400-2499/SB2425IN.htm
../../../../documents/2019/pdf/SB/2400-2499/SB2425PS.pdf
../../../../documents/2019/html/SB/2400-2499/SB2425PS.htm
../../../../documents/2019/pdf/SB/2400-2499/SB2425SG.pdf
../../../../documents/2019/html/SB/2400-2499/SB2425SG.htm
N
../../../../documents/2019/pdf/fiscalnotes/SB2425.pdf