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MS HB89

Bill

Official Source

Status

Failed

2/5/2013

Primary Sponsor

Andy Gipson

Click for details

Origin

House of Representatives

2013 Regular Session

AI Summary

  • Requires entities that transmit wire transfers to collect a fee of $5.00 per transaction for amounts up to $500, plus 1% of any amount exceeding $500
  • Fees must be remitted quarterly to the Department of Revenue by the 15th day following each quarter close
  • All revenues collected are apportioned to the Mississippi Bureau of Narcotics for use according to law
  • Department of Revenue has authority to enforce provisions using applicable tax laws, including penalties, damages, and interest for non-compliance
  • Effective July 1, 2013

Legislative Description

Wire transfers; collect fee for MS Drug Court Program and Bureau of Narcotics.

Last Action

Died In Committee

2/5/2013

Committee Referrals

Ways and Means1/11/2013

Full Bill Text

No bill text available