Mississippi Legislature
2006 Regular Session

Senate Bill 2732

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Bill Text

History of Actions

Background

Title

Description: Sales tax; create Hurricane Katrina Relief Fund, divert portion of sales tax diversion to it & distribute to counties/cities on Coast.

Bill Text: [Introduced]

History of Actions:

1 01/16 (S) Referred To Finance
2 01/31 (S) Died In Committee

Background Information:

Effective dateJuly 1, 2006
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committee:

Principal Author: Robertson

Code Section: A 027-0065-0075

Title: AN ACT TO CREATE THE HURRICANE KATRINA RELIEF FUND AND TO REQUIRE THE STATE TAX COMMISSION TO MAKE PAYMENTS FROM SUCH FUND TO THE THREE MOST SOUTHERN COUNTIES OF THE STATE COVERED BY THE PRESIDENTIAL DECLARATION OF MAJOR DISASTER FOR THE STATE OF MISSISSIPPI (FEMA-1604-DR) DATED AUGUST 29, 2005, AND THE MUNICIPALITIES IN SUCH COUNTIES; TO PROVIDE THAT MONEY FROM SUCH FUND SHALL BE DISTRIBUTED TO EACH COUNTY IN PROPORTION TO THE POPULATION OF THE COUNTY OUTSIDE ANY INCORPORATED MUNICIPALITY IN THE COUNTY BEARS TO THE TOTAL POPULATION OF ALL THREE COUNTIES AND TO EACH MUNICIPALITY IN PROPORTION THAT THE POPULATION OF THE MUNICIPALITY BEARS TO THE TOTAL POPULATION OF ALL THREE COUNTIES; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FROM AND AFTER JULY 1, 2006, THROUGH JUNE 30, 2008, SALES TAX DISTRIBUTIONS TO MUNICIPALITIES SHALL NOT EXCEED 105% OF THE CORRESPONDING MONTH IN FISCAL YEAR 2005 AND THAT AMOUNTS IN EXCESS OF 105% THAT WOULD HAVE OTHERWISE BEEN DISTRIBUTED TO A MUNICIPALITY SHALL BE DEPOSITED INTO THE HURRICANE KATRINA RELIEF FUND; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/31/06 at 17:57.

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