MS HB394

Creates a new 18.5% diversion of sales tax revenue collected from business activities outside municipalities in each county, effective August 15, 2018, to be paid directly to the county.

Requires counties to dedicate diverted funds solely to street and road construction, repair, and maintenance, and classifies these funds as separate from general fund revenue.

Amends Section 27-65-53 to include counties in the same error correction and overpayment adjustment procedures previously applied only to municipalities and state institutions of higher learning.

Makes this county diversion an additional allocation beyond other funds already distributed to counties under existing law.