MS HB1621

Eliminates the additional state tax of $225.00 per $5,000.00 (or fraction thereof) in purchases for on-premises retailers, caterers, special service permittees, merchants, and event venue retailers.

Maintains the additional tax for purchases exceeding $5,000.00 that is collected and paid to local municipalities and counties, ensuring local governments continue to receive these revenues.

Applies the elimination of state-retained taxes to permits including on-premises retailer's permits (subsections f, g, h), temporary permits (subsection m), caterer's permits (subsection n), special service permits (subsection q), merchant permits (subsection r), and event venue retailer's permits (subsection t).

The effective date is July 1, 2015.