MS SB2069

Removes the requirement that taxpayers with average monthly sales tax liability of at least $50,000.00 must pay 75% of their estimated June sales tax liability on or before June 25 each year.

Eliminates the 10% penalty previously imposed on taxpayers who failed to comply with the June 25 prepayment requirement.

Renumbers subsequent subsections of Section 27-65-33 to reflect the deletion of the June prepayment provision.

Allows all sales tax payments to follow the standard due date of the 20th of the month following the month in which taxes accrue.