Mississippi Legislature

2000 Regular Session

Senate Bill 2057

Instructions Bill Status Menu




Bill Text

History of Actions

Background

Title

Description: Sales taxation; raise the sales tax on casual sales of motor vehicles.

Bill Text: [Introduced]

History of Actions:

101/13/00(S)Referred To Finance
203/29/00(S)Died In Committee

Background Information:

Effective dateJuly 1, 2000
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

Senate Committee:

Principal Author: Dearing

Code Sections: A 027-0065-0201, A 027-0065-0075, A 027-0067-0031

Title: AN ACT TO AMEND SECTION 27-65-201, MISSISSIPPI CODE OF 1972, TO INCREASE THE SALES AND USE TAX UPON CASUAL SALES OF CERTAIN MOTOR VEHICLES BY 2%; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE REVENUE COLLECTED FROM THE 2% INCREASE IN THE SALES TAX UPON CASUAL SALES OF CERTAIN MOTOR VEHICLES SHALL BE DEPOSITED, WITHOUT DIVERSION, INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO PROVIDE THAT THE REMAINDER OF THE REVENUE COLLECTED FROM THE SALES TAX UPON CASUAL SALES OF CERTAIN MOTOR VEHICLES SHALL BE DEPOSITED, AFTER DIVERSION, INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTION 27-67-31, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE REVENUE COLLECTED FROM THE 2% INCREASE IN THE USE TAX UPON CASUAL SALES OF CERTAIN MOTOR VEHICLES SHALL BE DEPOSITED, WITHOUT DIVERSION, INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO PROVIDE THAT THE REMAINDER OF THE REVENUE COLLECTED FROM THE USE TAX UPON CASUAL SALES OF CERTAIN MOTOR VEHICLES SHALL BE DEPOSITED, AFTER DIVERSION, INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/29/00 at 14:36.



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