1997 Regular Session
To: Ways and Means
By: Representative Williams
House Bill 851
(As Sent to Governor)
AN ACT TO REENACT SECTION 27-59-321, MISSISSIPPI CODE OF 1972, WHICH PROVIDES THAT THE PROCEEDS OF CERTAIN FUEL TAXES SHALL BE DEPOSITED INTO THE GENERAL FUND AND THAT THE PROCEEDS OF THE TAX ON LOCOMOTIVE FUEL SHALL BE DEPOSITED INTO THE RAILROAD REVITALIZATION FUND; TO REPEAL SECTION 2, CHAPTER 484, LAWS OF 1991, AS AMENDED BY SECTION 1, CHAPTER 386, LAWS OF 1995, AS AMENDED BY SECTION 1, CHAPTER 477, LAWS OF 1996, WHICH REPEALS EFFECTIVE JUNE 30, 1997, SECTION 27-59-321, MISSISSIPPI CODE OF 1972; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 27-59-321, Mississippi Code of 1972, is reenacted as follows:
27-59-321. (1) Except as otherwise provided in subsection (2) of this section, the proceeds of the tax levied in this article shall be deposited by the commission into the State Treasury to the credit of the General Fund, and such proceeds are hereby designated as public funds of the State of Mississippi and shall be by it deposited in accordance with Section 27-3-57, Mississippi Code of 1972.
(2) The proceeds of the tax on locomotive fuel shall be deposited by the commission into the Railroad Revitalization Fund established in Section 57-43-1, Mississippi Code of 1972.
SECTION 2. Section 2, Chapter 484, Laws of 1991, as amended by Section 1, Chapter 386, Laws of 1995, as amended by Section 1, Chapter 477, Laws of 1996, which repeals effective June 30, 1997, Section 27-59-321, Mississippi Code of 1972, which provides that the proceeds of certain fuel taxes shall be deposited into the General Fund and that the tax on locomotive fuel shall be deposited in the Railroad Revitalization Fund, is repealed.
SECTION 3. The Legislature recommends that all sections which are reenacted but not amended in this act, and which appear in the main volume of the Mississippi Code of 1972, shall not be reprinted in the supplement, but that an editor's note shall appear in the supplement in the proper place to explain that the section was reenacted and the language as it appears in the main volume was unaffected by the legislation and consequently has not been reprinted in the supplement.
SECTION 4. This act shall take effect and be in force from and after June 30, 1997.