History of Actions | Background | Title |
Description: Sales and ad valorem taxes; increase sales tax diversion to municipalities and cap ad valorem tax.
| 1 | 01/05/99 | (H) | Referred To Ways and Means | |
| 2 | 02/02/99 | (H) | Died In Committee |
| Effective date | July 1, 1999 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Young
Code Sections: A 027-0065-0075, A 027-0065-0053, A 021-0033-0045, A 027-0039-0307, A 027-0039-0203, A 027-0039-0205, A 027-0039-0320, A 027-0039-0321
Title: AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO INCREASE FROM 18.5% TO 20.5% THE AMOUNT OF THE STATE'S TOTAL SALES TAX REVENUE COLLECTIONS ON BUSINESS ACTIVITIES WITHIN A MUNICIPALITY THAT IS ALLOCATED FOR DISTRIBUTION TO SUCH MUNICIPALITY; TO AMEND SECTION 27-65-53, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; TO AMEND SECTIONS 21-33-45 AND 27-39-307, MISSISSIPPI CODE OF 1972, TO CAP THE AD VALOREM MILLAGE RATE THAT MAY BE LEVIED FOR GENERAL PURPOSES BY MUNICIPALITIES AT THE RATE IN EFFECT FOR THE MUNICIPAL 1999 FISCAL YEAR; TO AMEND SECTIONS 27-39-203, 27-39-205, 27-39-320 AND 27-39-321, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB0300.htm