Mississippi Senate Bill 2863 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on April 20 2016 - 100% progression
Action: 2016-04-20 - 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 Sales Tax At A Rate 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 Improvements, Repairs, Restoration, Surfacing, And Resurfacing Portions Of Shiloh Road, Harper Road And Tate Street And Related Infrastructure; And For Related Purposes.

City of Corinth; authorize the city to levy a special sales tax to fund certain infrastructure improvements.

Sen. Rita Potts Parks [R]

Date	Chamber	Action
2016-04-20	Senate	Died In Committee
2016-03-11	Senate	Referred To Finance;Local and Private

Type	Source
Summary	https://billstatus.ls.state.ms.us/2016/pdf/history/SB/SB2863.xml
Text	https://billstatus.ls.state.ms.us/documents/2016/html/SB/2800-2899/SB2863IN.htm