MS HB1335

Creates a 10-member legislative task force to study Mississippi's tax exemptions, tax credits, reduced tax rates, and other tax incentives to determine if they fulfill their intended purposes.

Task force composed of 5 members appointed by the Speaker of the House (including the House Ways and Means Committee Chair) and 5 members appointed by the Lieutenant Governor (including the Senate Finance Committee Chair).

Task force shall study tax laws across all areas including income taxes, corporation franchise taxes, sales taxes, and fuel taxes, and evaluate whether current exemptions and incentives should be retained, modified, or eliminated.

Requires task force to submit findings, recommendations, and proposed legislation to the Legislature by December 1, 2017.

Members compensated at legislative per diem rates and reimbursed for mileage and expenses when Legislature is not in session; state agencies must provide requested facilities, staff, and data to support the task force's work.