MS SB2830

Imposes an excise tax of $2.56 per gallon (or 2 cents per ounce) on distributors selling bottled sweetened beverages, syrups, and powder/base products in Mississippi, with annual adjustments based on Consumer Price Index.

Requires all distributors to obtain a permit from the Department of Revenue before engaging in business; permits expire January 31 annually and are non-transferable.

Creates the Children's Health Promotion Fund to receive 20% of excise tax revenue, with remaining 80% deposited to the State General Fund.

Allocates Children's Health Promotion Fund revenues as follows: 20% to Department of Health for statewide obesity prevention, 35% to community-based programs, 10% to medical interventions, and 35% to schools for nutrition and physical activity initiatives.

Establishes exemptions from the tax for products sold to federal/tribal governments, products for out-of-state resale, and sales between permitted distributors; creates penalties including 50% tax penalty plus 12% annual interest for violations.