Mississippi Senate Bill 2790 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on April 1 2015 - 100% progression
Action: 2015-04-01 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

An Act To Authorize The Governing Authorities Of The City Of Corinth, Mississippi, To Impose A Special Tax Not To Exceed 1/4 Of 1% On The Gross Proceeds Of Sales Or Gross Income Businesses In The City From Activities Taxed At The Rate Of 7% Or More Under The Mississippi Sales Tax Law; To Provide For An Election On The Question Of Imposing The Special Sales Tax; To Authorize The City To Incur Indebtedness In An Amount Not Greater Than An Amount Whose Debt Service Is Capable Of Being Funded By The Revenue From The Special Sales Tax; To Provide That Revenue Collected From The Special Sales Tax Must Be Expended By The City Only To Fund Infrastructure Projects, Economic Development Projects And Related Purposes; And For Related Purposes.

City of Corinth; authorize the city to impose a sales tax at the rate of 1/4 of 1% and utilize the revenue for certain purposes.

Sen. Rita Potts Parks [R]

Date	Chamber	Action
2015-04-01	Senate	Died In Committee
2015-01-19	Senate	Referred To Local and Private;Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2015/pdf/history/SB/SB2790.xml
Text	https://billstatus.ls.state.ms.us/documents/2015/html/SB/2700-2799/SB2790IN.htm