MS HB116 | 2020 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on June 3 2020 - 100% progression
Action: 2020-06-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-65-75, Mississippi Code Of 1972, To Require An Additional Amount Of The Total Sales Tax Revenue Collected On Business Activities In Municipalities To Be Diverted To Municipalities Within The State; To Provide That Such Increase Shall Be Implemented Only If Sales Tax Revenue Collections Increase A Certain Amount; To Designate Such Diversion Of Revenue As The Additional Sales Tax Revenue For Municipal Infrastructure Program; To Provide That Revenue Received By A Municipality Under Such Program Shall Not Be Considered By A Municipality As General Fund Revenue And May Be Expended Solely For Water And Sewer System Projects And Road, Street And Bridge Repair, Reconstruction And Resurfacing Projects; And For Related Purposes.

Tracking Information

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Title

Sales tax; divert an additional amount to municipalities to be used to fund infrastructure projects.

Sponsors


History

DateChamberAction
2020-06-03HouseDied In Committee
2020-01-24HouseReferred To Ways and Means

Mississippi State Sources


Bill Comments

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