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MS HB137
Bill
Status
1/31/2017
Primary Sponsor
Earle Banks
Click for details
AI Summary
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Allocates 1% of fuel tax revenue from gasoline, diesel fuel, and kerosene sold within Jackson, Mississippi to the City of Jackson beginning August 15, 2017.
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Funds allocated to Jackson must be dedicated solely to street construction and repair and infrastructure maintenance and improvements, not counted as general fund revenue.
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Payment is intended to help Jackson defray ad valorem tax loss from state-owned property and increased infrastructure, law enforcement, and public safety costs from being the state capital.
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Allocation is in addition to any other funds already distributed to Jackson under existing provisions.
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Effective date is July 1, 2017.
Legislative Description
Fuel taxes; allocate a portion to the City of Jackson to defray costs incurred as a result of being the seat of state government.
Last Action
Died In Committee
1/31/2017