MS SB2015

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

Eliminates the 10% penalty that applied when taxpayers failed to make the required June 25 estimated payment.

Renumbers subsequent subsections of Section 27-65-33, Mississippi Code of 1972, to account for the deletion of the June payment requirement.

Takes effect upon passage.