MS HB1325 | 2021 | Regular Session

Mississippi House Bill 1325 (Prior Session Legislation)

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 2 2021 - 100% progression
Action: 2021-02-02 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-65-75, Mississippi Code Of 1972, To Revise The Counties Eligible For A Diversion Of A Portion Of The Sales Tax Revenue Collected On Business Activities Within A Redevelopment Project Area Developed Under The Tax Increment Financing Act If The County Has Issued Bonds Under The Tax Increment Financing Act To Finance All Or A Portion Of Such Redevelopment Project, Any Debt Service For Such Indebtedness Is Outstanding, And A Development With A Value Of $10,000,000.00 Or More Is, Or Will Be, Located In The Redevelopment Area; And For Related Purposes.

Title

Sales tax; revise counties eligible for diversion of revenue from certain tax increment financing projects.

History

Date	Chamber	Action
2021-02-02	House	Died In Committee
2021-01-18	House	Referred To Ways and Means

Code Citations

Chapter	Article	Section	Citation Type	Statute Text
27	65	75	Amended Code	See Bill Text

Mississippi State Sources

Type	Source
Summary	https://billstatus.ls.state.ms.us/2021/pdf/history/HB/HB1325.xml
Text	https://billstatus.ls.state.ms.us/documents/2021/html/HB/1300-1399/HB1325IN.htm