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]
1 | 01/16 (S) Referred To Finance | |
2 | 01/31 (S) Died In Committee |
Effective date | July 1, 2006 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority |
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.
End Of Document
2006/pdf/History/SB/SB2732.htm