MS HB523 | 2013 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 27 2013 - 100% progression
Action: 2013-02-27 - Died On Calendar
Text: Latest bill text (Comm Sub) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 27 2013 - 100% progression
Action: 2013-02-27 - Died On Calendar
Text: Latest bill text (Comm Sub) [HTML]
Summary
An Act To Authorize The Governing Authorities Of Any Municipality To Impose A Special Sales Tax Of Not More Than 1% On The Gross Proceeds Of All Sales Or The Gross Income Of Businesses In The Municipality Derived From Activities Taxed At The Rate Of 7% Or More Under The Mississippi Sales Tax Law; To Provide That The Special Sales Tax Shall Not Be Levied Unless Authorized By At Least Three-fifths Of The Votes Cast At A Referendum Called And Held For Such Purpose; To Authorize A Municipality To Incur Indebtedness In An Amount Not Greater Than An Amount For Which Debt Service Is Capable Of Being Funded By The Proceeds Of The Special Sales Tax; To Provide That The Special Sales Tax Revenue Collected Pursuant To Such A Tax Shall Be Used And Expended By The Municipality To Fund Capital Projects; To Provide For The Discontinuance Of The Special Sales Tax Upon Completion Of The Funding Of The Projects For Which The Tax Was Levied; To Amend Section 21-33-303, Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.
Title
Citizens for Economic Development Act; create.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2013-02-27 | House | Died On Calendar |
| 2013-02-05 | House | Title Suff Do Pass Comm Sub |
| 2013-02-05 | House | DR - TSDPCS: WM To MU |
| 2013-01-31 | House | DR - TSDP: MU To WM |
| 2013-01-21 | House | Referred To Municipalities;Ways and Means |
