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MS HB231
Bill
Status
2/5/2013
Primary Sponsor
Clara Burnett
Click for details
AI Summary
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Allocates 18.5% of monthly sales tax revenue collected from business activities within fire protection districts (created under Section 19-5-151) containing five or more licensed gaming establishments to the county where the district is located, beginning August 15, 2013
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Requires counties receiving these funds to use them exclusively for tourism projects and economic development projects approved by the Mississippi Development Authority
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Excludes sales tax collected under Sections 27-65-15, 27-65-19(3), 27-65-21, and 27-65-24 from the allocation calculation
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Amends Section 27-65-75 of the Mississippi Code of 1972, which governs the distribution of sales tax revenue to municipalities, educational institutions, and various state funds
Legislative Description
Sales tax; provide for a diversion to a county of revenue collected in fire protection district with five or more casinos.
Last Action
Died In Committee
2/5/2013