MS SB2144

Extends the existing 3% tax on amounts paid or credited by gaming establishments to apply to all such amounts, removing previous limitations based on Internal Revenue Code withholding requirements.

Directs the first $35,000,000 collected annually from the gaming tax to the State General Fund.

Allocates 50% of gaming tax revenue above $35,000,000 annually to the State Highway Fund for construction, reconstruction, and maintenance of Mississippi highways.

Allocates the remaining 50% of gaming tax revenue above $35,000,000 annually to a newly created Mississippi Public Facilities Capital Improvements Fund for constructing, equipping, and repairing public facilities.

Transfers tax collection authority from the State Tax Commission to the Department of Revenue and takes effect July 1, 2013.