Bill Text | History of Actions | Background | Title |
Description: Sales tax; revise minimum average monthly liability required before a taxpayer must prepay June estimate of sales tax payment.
Bill Text: [Introduced]
| 1 | 01/08 (H) Referred To Ways and Means | |
| 2 | 02/04 (H) Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Eads
Code Section: A 027-0065-0033
Title: AN ACT TO AMEND SECTION 27-65-33, MISSISSIPPI CODE OF 1972, TO INCREASE FROM $20,000.00 TO $30,000.00, THE AVERAGE MONTHLY SALES TAX LIABILITY THAT A TAXPAYER REQUIRED TO COLLECT SALES TAX MUST HAVE FOR THE PRECEDING CALENDAR YEAR BEFORE SUCH A TAXPAYER IS REQUIRED TO PAY TO THE STATE TAX COMMISSION ON OR BEFORE JUNE 25, 2003, AND ON OR BEFORE THE TWENTY-FIFTH DAY OF JUNE OF EACH SUCCEEDING YEAR THEREAFTER, AN AMOUNT EQUAL TO AT LEAST SEVENTY-FIVE PERCENT OF THE TAXPAYER'S ESTIMATED SALES TAX LIABILITY FOR THE MONTH OF JUNE OF THE CURRENT CALENDAR YEAR OR AN AMOUNT EQUAL TO AT LEAST SEVENTY-FIVE PERCENT OF THE TAXPAYER'S SALES TAX LIABILITY FOR THE MONTH OF JUNE OF THE PRECEDING CALENDAR YEAR; AND FOR RELATED PURPOSES.
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2003/html/History/HB/HB0608.htm