MISSISSIPPI LEGISLATURE
2005 Regular Session
To: Ways and Means
By: Representative Franks
AN ACT TO AMEND SECTION 27-51-101, MISSISSIPPI CODE OF 1972, TO INCLUDE MOTORCYCLES IN THE DEFINITION OF "PRIVATE CARRIER OF PASSENGERS" FOR THE PURPOSE OF BEING ELIGIBLE FOR A TAX CREDIT AGAINST MOTOR VEHICLE AD VALOREM TAXES; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 27-51-101, Mississippi Code of 1972, is amended as follows:
27-51-101. (1) As used in Sections 27-51-101 through 27-51-107, unless the context requires otherwise:
(a) "Private carrier of passengers" shall have the meaning ascribed to such term in Section 27-19-3, and shall * * * include motorcycles.
(b) "Light carrier of property" means any motor vehicle with a gross weight, as defined in Section 27-19-3, of ten thousand (10,000) pounds or less that is designed and constructed for the primary purpose of transporting property on the roads and highways.
(c) "Local taxing district" means any county, municipality, school district or other local entity that levies an ad valorem tax or for which an ad valorem tax is levied, to fund all or a portion of its budget.
(d) "State fiscal year" means the period beginning on July 1 and ending on June 30 of the following year.
(e) "Commission" means the State Tax Commission.
SECTION 2. This act shall take effect and be in force from and after July 1, 2005.