Mississippi Legislature
2002 Regular Session

House Bill 598

Main Menu


Bill Text

History of Actions

Background

Title

Description: Sales tax; increase rate of tax imposed on casual sales of certain motor vehicles.

Bill Text: [Introduced]

History of Actions:

1 01/11 (H) Referred To Ways and Means
2 02/27 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2002
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Martinson

Code Sections: A 027-0065-0201, A 027-0065-0075, A 027-0067-0031, A 027-0051-0105

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; TO AMEND SECTION 27-51-101, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/27/02 at 16:58.

End Of Document
2002/html/History/HB/HB0598.htm