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MS SB2625
Bill
AI Summary
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Allocates 2% of fuel tax revenue (gasoline, diesel, and kerosene) collected within Jackson, Mississippi to the City of Jackson beginning August 15, 2012.
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Money allocated to Jackson must be dedicated solely to street construction and repair, and infrastructure maintenance and improvements.
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Payment to Jackson is intended to offset ad valorem tax losses from state-owned property and to help defray increased infrastructure, law enforcement, and public safety costs incurred as the state capital.
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Allocation is in addition to any other funds already distributed to Jackson under other provisions of law.
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Effective date is July 1, 2012.
Legislative Description
Fuel taxes; allocate a portion to the City of Jackson to defray costs incurred as a result of being the seat of state government.
Last Action
Died In Committee
3/6/2012