2020
Regular Session
Sales tax; divert an additional amount to municipalities to be used to fund infrastructure projects.
AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO REQUIRE AN ADDITIONAL AMOUNT OF THE TOTAL SALES TAX REVENUE COLLECTED ON BUSINESS ACTIVITIES IN MUNICIPALITIES TO BE DIVERTED TO MUNICIPALITIES WITHIN THE STATE; TO PROVIDE THAT SUCH INCREASE SHALL BE IMPLEMENTED ONLY IF SALES TAX REVENUE COLLECTIONS INCREASE A CERTAIN AMOUNT; TO DESIGNATE SUCH DIVERSION OF REVENUE AS THE ADDITIONAL SALES TAX REVENUE FOR MUNICIPAL INFRASTRUCTURE PROGRAM; TO PROVIDE THAT REVENUE RECEIVED BY A MUNICIPALITY UNDER SUCH PROGRAM SHALL NOT BE CONSIDERED BY A MUNICIPALITY AS GENERAL FUND REVENUE AND MAY BE EXPENDED SOLELY FOR WATER AND SEWER SYSTEM PROJECTS AND ROAD, STREET AND BRIDGE REPAIR, RECONSTRUCTION AND RESURFACING PROJECTS; AND FOR RELATED PURPOSES.
11/12/20 at 23:36
H
B
116
House Bill 116
HB 116
H
Dead
Revenue
Yes
Three/Fifths
July 1, 2020
Ways and Means
T
../../House_cmtes/WM.xml
Faulkner
../../House_authors/Faulkner.xml
A
../../code_sections/027/00650075.xml
1
01/24 (H) Referred To Ways and Means
2
06/03 (H) Died In Committee
../../../../documents/2020/pdf/HB/0100-0199/HB0116IN.pdf
../../../../documents/2020/html/HB/0100-0199/HB0116IN.htm
../../../../documents/2020/pdf/HB/0100-0199/HB0116IN.pdf
../../../../documents/2020/html/HB/0100-0199/HB0116IN.htm
N
../../../../documents/2020/pdf/fiscalnotes/HB0116.pdf