MS HB1126

Amends Section 27-101-21 of Mississippi Code to redirect filing of annual tax revenue reports from the State Auditor to the Department of Revenue.

Requires all taxing entities (counties, municipalities, school districts, utility districts, authorities, and similar regional or local agencies) to file annual reports showing tax revenues received during the prior fiscal year.

Reports must include total tax revenues from all sources, revenues distributed from state/fuel tax diversions, ad valorem taxes, local sales taxes, and other tax sources, with specific amounts from each source.

Reports must be filed within 90 days after the close of each fiscal year and posted on the Department of Revenue's website.

Effective date is July 1, 2017.