History of Actions | Background | Title |
Description: Motor vehicle tags; provide for cost reduction of.
| 1 | 02/24/99 | (H) | Referred To Ways and Means | |
| 2 | 02/24/99 | (H) | Died In Committee |
| Effective date | October 1, 1999 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Brown
Code Sections: A 027-0019-0005, A 027-0019-0011, A 027-0051-0041, A 027-0051-0033, A 027-0007-0017, A 027-0065-0111, A 027-0065-0201, A 025-0007-0021, A 027-0019-0043, A 027-0019-0045, A 027-0019-0049, A 027-0019-0056.5, A 027-0019-0056.12, A 027-0019-0056.13, A 027-0019-0069, A 027-0019-0071, A 027-0019-0073, A 027-0019-0099, A 027-0019-0155, A 027-0029-0011, A 027-0051-0025, A 027-0051-0029, A 027-0065-0017, A 027-0065-0075, A 027-0067-0031, RP 027-0051-0107, RP 027-0051-0105, RP 027-0051-0103, RP 027-0051-0101
Title: AN ACT TO PROVIDE FOR A ONE-TIME MOTOR VEHICLE TITLE PRIVILEGE TAX ON PASSENGER MOTOR VEHICLES AND LIGHT TRUCKS WHENEVER TITLE TO THOSE TYPES OF VEHICLES IS TRANSFERRED; TO PROVIDE FOR AN ANNUAL RENEWAL MOTOR VEHICLE TITLE PRIVILEGE TAX ON THOSE TYPES OF VEHICLES; TO PROVIDE FOR AN ANNUAL MOTOR VEHICLE TAG FEE FOR PASSENGER MOTOR VEHICLES AND LIGHT TRUCKS; TO PROVIDE THAT THOSE TAXES AND FEES SHALL BE COLLECTED BY THE COUNTY TAX COLLECTORS AND REMITTED MONTHLY TO THE STATE TAX COMMISSION; TO PROVIDE FOR DISTRIBUTION OF THOSE FUNDS AMONG THE MOTOR VEHICLE TAX REIMBURSEMENT FUND AND THE STATE GENERAL FUND; TO ESTABLISH THE MOTOR VEHICLE TAX REIMBURSEMENT FUND IN THE STATE TREASURY; TO PROVIDE THAT THE STATE TAX COMMISSION SHALL MAKE MONTHLY PAYMENTS FROM THE MOTOR VEHICLE TAX REIMBURSEMENT FUND TO REIMBURSE THE COUNTIES, CITIES, SCHOOL DISTRICTS AND OTHER TAXING DISTRICTS FOR AD VALOREM TAXES, ROAD AND BRIDGE PRIVILEGE TAXES AND AD VALOREM TAX COLLECTION FEES LOST AS A RESULT OF THE EXEMPTIONS PROVIDED FOR IN THIS ACT; TO PROVIDE FOR PAYMENTS TO CITIES TO REIMBURSE THEM FOR SALES TAX REVENUES LOST AS A RESULT OF THE MOTOR VEHICLE SALES TAX EXEMPTION PROVIDED FOR IN THIS ACT; TO PROVIDE FOR THE ADMINISTRATION AND ENFORCEMENT OF THIS ACT; TO AMEND SECTIONS 27-19-5 AND 27-19-11, MISSISSIPPI CODE OF 1972, TO EXEMPT PASSENGER MOTOR VEHICLES AND LIGHT TRUCKS FROM THE ANNUAL ROAD AND BRIDGE PRIVILEGE TAX; TO AMEND SECTION 27-51-41, MISSISSIPPI CODE OF 1972, TO EXEMPT THOSE TYPES OF VEHICLES FROM CERTAIN AD VALOREM TAX MILLAGE; TO AMEND SECTION 27-51-33, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE AD VALOREM TAX EXEMPTION PROVIDED FOR IN THIS ACT SHALL NOT AFFECT THE TOTAL ASSESSED VALUE OF COUNTIES AND MUNICIPALITIES; TO AMEND SECTION 27-7-17, MISSISSIPPI CODE OF 1972, TO PROVIDE AN INCOME TAX DEDUCTION FOR PAYMENT OF THE MOTOR VEHICLE TITLE PRIVILEGE TAX AND MOTOR VEHICLE TAG FEE; TO AMEND SECTIONS 27-65-111 AND 27-65-201, MISSISSIPPI CODE OF 1972, TO EXEMPT SALES OF PASSENGER MOTOR VEHICLES AND LIGHT TRUCKS FROM SALES TAX; TO AMEND SECTION 25-7-21, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE TAX COLLECTOR SHALL NOT RECEIVE A FEE FOR REMITTING PAYMENTS FROM THE MOTOR VEHICLE TAX REIMBURSEMENT FUND TO THE CITIES, SCHOOL DISTRICTS AND OTHER TAXING DISTRICTS; TO AMEND SECTION 27-19-43, MISSISSIPPI CODE OF 1972, TO INCREASE THE MOTOR VEHICLE REGISTRATION FEE AND DELETE THE REFERENCES TO THAT FEE AS A "TAG FEE"; TO AMEND SECTIONS 27-19-45, 27-19-49, 27-19-56.5, 27-19-56.12, 27-19-56.13, 27-19-69, 27-19-71, 27-19-73, 27-19-99 AND 27-19-155, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PRECEDING SECTION; TO AMEND SECTIONS 27-29-11, 27-51-25 AND 27-51-29, MISSISSIPPI CODE OF 1972, IN CONFORMITY WITH THE PROVISIONS OF THIS ACT; TO AMEND SECTION 27-65-17, MISSISSIPPI CODE OF 1972, TO ELIMINATE THE ADDITIONAL TWO PERCENT SALES TAX ON THE RETAIL SALES OF PASSENGER MOTOR VEHICLES AND LIGHT TRUCKS; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO DELETE THE PROVISIONS FOR SALES TAXES COLLECTED ON RETAIL SALES OF PASSENGER MOTOR VEHICLES AND LIGHT TRUCKS TO BE DEPOSITED INTO THE MO ISH THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND, AND PROVIDE FOR DISTRIBUTIONS FROM THE FUND; AND FOR RELATED PURPOSES.
End Of Document
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