MS HB1442

Requires all taxing entities to file an annual report with the State Auditor detailing tax revenues received during the prior fiscal year.

Report must include total tax revenues from taxes levied by or for the taxing entity, revenues distributed from state and local tax sources, and itemized sources with amounts received from each.

Defines "taxing entity" to include counties, municipalities, school districts, fire districts, utility districts, authorities, and similar regional or local government agencies.

Defines "tax revenue" to include ad valorem taxes, local sales taxes, gaming fees and taxes, payments in lieu of taxes, and state and fuel tax diversions.

Reports must be filed within 90 days after the close of the fiscal year being reported.