[Introduced] [Committee Substitute]
History of Actions | Background | Title |
Description: MS Communications Tax Reform Act of 1999; enact.
| 1 | 02/18/99 | (S) | Referred To Finance | |
| 2 | 02/23/99 | (S) | Title Suff Do Pass Comm Sub | |
| 3 | 02/24/99 | (S) | Died On Calendar |
| Effective date | January 1, 2000 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
Senate Committee:
Principal Author: Bryan
Code Sections: A 027-0065-0003, A 027-0065-0019, A 027-0065-0075, A 027-0035-0319, RP 021-0033-0211, RP 021-0033-0209, RP 021-0033-0207, RP 021-0033-0205, RP 021-0033-0203, RP 021-0033-0201
Title: AN ACT TO CREATE THE MISSISSIPPI COMMUNICATIONS TAX REFORM ACT; TO PROVIDE THAT EVERY PERSON OR ENTITY PROVIDING COMMUNICATIONS SERVICES SHALL BE ENTITLED TO A REBATE FROM THE STATE OF MISSISSIPPI IN AN AMOUNT EQUAL TO 50% OF THE AGGREGATE AMOUNT OF THE AD VALOREM TAX PAID BY SUCH PERSON OR ENTITY ON CLASS IV PROPERTY TO LOCAL TAXING DISTRICTS IN THIS STATE; TO PROVIDE THAT TO THE EXTENT POSSIBLE SUCH REFUNDS SHALL BE PAID BY THE STATE TAX COMMISSION FROM THE TELECOMMUNICATION AD VALOREM TAX REDUCTION AND LOCAL DISTRIBUTION FUND CREATED BY THIS ACT; TO PROVIDE THAT AMOUNTS IN EXCESS OF THE AMOUNTS NECESSARY TO PAY SUCH REBATES SHALL BE PAID TO MUNICIPALITIES, COUNTIES AND SCHOOL DISTRICTS; TO CREATE THE TELECOMMUNICATION AD VALOREM TAX REDUCTION AND LOCAL DISTRIBUTION FUND; TO PROVIDE THAT THE MONEY IN SUCH FUND SHALL BE UTILIZED TO PAY THE REBATES AUTHORIZED BY THIS ACT; TO PROVIDE THAT SUCH FUND SHALL BE ADMINISTERED BY THE STATE TAX COMMISSION; TO PROHIBIT POLITICAL SUBDIVISIONS FROM LEVYING ANY TAX, CHARGE OR FEE ON COMMUNICATIONS SERVICES OR COMMUNICATIONS SERVICE PROVIDERS AFTER THE EFFECTIVE DATE OF THIS ACT; TO REQUIRE THAT ALL ASPECTS OF A MUNICIPALITY'S MANAGEMENT OF THE PUBLIC RIGHTS-OF-WAY SHALL BE COMPETITIVELY NEUTRAL AND NONDISCRIMINATORY; TO REQUIRE A RATE REDUCTION BY CERTAIN COMMUNICATIONS SERVICE PROVIDERS THAT EXPERIENCE A TAX SAVING AS A RESULT OF THE PROVISIONS OF THIS ACT; TO AMEND SECTIONS 27-65-3 AND 27-65-19, MISSISSIPPI CODE OF 1972, TO REVISE THE SALES TAX ON PERSONS OPERATING TELEGRAPH AND TELEPHONE BUSINESSES TO PROVIDE THAT THE TAX IS LEVIED UPON THE AMOUNTS PAID FOR RETAIL PURCHASE OF COMMUNICATIONS SERVICES WHICH EITHER ORIGINATE OR TERMINATE IN THIS STATE; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE PORTION OF THE SALES TAX ON COMMUNICATIONS ATTRIBUTABLE TO INTERSTATE COMMUNICATIONS SERVICES SHALL BE DEPOSITED WITHOUT DIVERSION INTO THE TELECOMMUNICATION AD VALOREM TAX REDUCTION AND LOCAL DISTRIBUTION FUND; TO AMEND SECTION 27-35-319, MISSISSIPPI CODE OF 1972, TO REMOVE PROVISIONS THAT CLASSIFY THE PROPERTY OF TELEPHONE COMPANIES LOCATED IN MORE THAN SIX COUNTIES AS CLASS IV OR CLASS II PROPERTY; TO REPEAL SECTIONS 21-33-209 THROUGH 21-33-211, MISSISSIPPI CODE OF 1972, WHICH CONSTITUTE THE CITY UTILITY TAX LAW; AND FOR RELATED PURPOSES.
End Of Document
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