Bill Text | History of Actions | Background | Title |
Description: Sales tax; revise definition of "gross proceeds of sales" to exclude rebates given on motor vehicle purchases.
Bill Text: [Introduced]
| 1 | 01/23 (H) Referred To Ways and Means | |
| 2 | 02/21 (H) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Guice
Additional Author: Zuber
Code Section: A 027-0065-0003
Title: AN ACT TO AMEND SECTION 27-65-3, MISSISSIPPI CODE OF 1972, TO REVISE THE DEFINITION OF "GROSS PROCEEDS OF SALES" FOR PURPOSES OF THE STATE SALES TAX LAW TO EXCLUDE REBATES GIVEN TO A PURCHASER AND ASSIGNED TO A DEALER ON THE PURCHASE OF CERTAIN MOTOR VEHICLES WHEN SUCH REBATE IS USED TO REDUCE THE SALES PRICE PAID BY THE PURCHASER; AND FOR RELATED PURPOSES.
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2007/html/History/HB/HB1564.htm