MS HB1152

Increases the percentage of total sales tax revenue diverted to municipalities from 18.5% to 20% effective August 15, 2015.

Reduces the municipal diversion back to 18.5% if the state enacts a general law after January 1, 2015 authorizing municipalities to impose an additional sales tax on activities taxed at 7% or more.

Reduces the municipal diversion back to 18.5% if a municipality levies a sales tax under authority of a local and private law enacted before January 1, 2015, or if such a pre-2015 law is not repealed by July 1, 2019.

Reduces the municipal diversion back to 18.5% during any time a municipality levies a tax under Section 27-65-241.

Takes effect July 1, 2015.