MS HB639

Authorizes municipalities with populations of 150,000 or more to impose a one cent per gallon excise tax on gasoline and diesel fuel for motor vehicles.

Requires municipalities to adopt a resolution declaring intent to levy the tax and hold a referendum with notice published weekly for at least three weeks before the election.

Tax becomes effective only if approved by a majority of qualified electors voting in the referendum, with implementation beginning the first day of the second month after adoption.

Department of Revenue collects the tax, retains 1% for collection costs, and pays proceeds to the municipality by the 15th of the following month.

Revenues must be placed in a special municipal fund and spent exclusively for repair, maintenance, and reconstruction of roads, streets, and bridges in the municipality.