Mississippi Legislature

2000 Regular Session

Senate Bill 2423

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Bill Text

History of Actions

Amendments

Background

Title

Description: School Ad Valorem Tax Reduction Fund; cap at FY 1999 appropriated levels with excess going to the Education Enhancement Fund.

Bill Text: [Introduced] [Committee Substitute] [Passed Senate]

History of Actions:

101/25/00(S)Referred To Finance
202/10/00(S)Title Suff Do Pass Comm Sub
303/15/00(S)Committee Substitute Adopted
403/15/00(S)Amended
503/15/00(S)Passed As Amended
603/17/00(S)Transmitted To House
703/20/00(H)Referred To Education;Ways and Means
803/30/00(H)DR - TSDPAA: ED To WM
904/03/00(H)DR - TSDPAA: WM To ED
1004/03/00(H)Title Suff Do Pass As Amended
1104/05/00(H)Amended
1204/05/00(H)Passed As Amended
1304/07/00(H)Returned For Concurrence
1404/17/00(S)Decline to Concur/Invite Conf
1504/20/00(S)Conferees Named Minor,King,Carmichael
1604/25/00(H)Conferees Named Warren,Frierson,McCoy
1705/01/00(H)Died In Conference

Amendments:

Adopted [S] Amendment No 1 (Cmte Sub)
Adopted [H] Amendment No 1

Background Information:

Effective dateJuly 1, 2000
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

Senate Committee:

House Committees:

Principal Author: Chaney

Additional Authors: Gordon, Burton, King, Harvey

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

Title: AN ACT TO AMEND SECTIONS 27-65-75 AND 27-67-31, MISSISSIPPI CODE OF 1972, TO REVISE THE AMOUNT OF SALES AND USE TAX REVENUE DIVERTED TO THE SCHOOL AD VALOREM TAX REDUCTION FUND TO PROVIDE THAT THE AMOUNT DIVERTED TO SUCH FUND SHALL NOT EXCEED THE FISCAL YEAR 1999 APPROPRIATED LEVEL; TO PROVIDE THAT AMOUNTS IN EXCESS OF THE FISCAL YEAR 1999 APPROPRIATED LEVEL THAT WOULD HAVE OTHERWISE BEEN DIVERTED TO THE SCHOOL AD VALOREM TAX REDUCTION FUND SHALL BE DEPOSITED INTO THE EDUCATION ENHANCEMENT FUND FOR APPROPRIATION BY THE LEGISLATURE AS OTHER EDUCATION NEEDS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 05/01/00 at 20:15.



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