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MS HB884
Bill
Status
6/9/2020
Primary Sponsor
Scott Bounds
Click for details
AI Summary
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Diverts sales tax revenue collected from business activities on Mississippi State Park premises to a new "State Parks Repair, Renovation and Capital Improvements Fund" beginning August 15, 2020.
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Creates the special fund in the State Treasury under Section 55-3-41, separate from the General Fund, with unexpended amounts carrying over year to year.
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Requires fund monies to be expended only upon legislative appropriation for repairs, renovations, and capital improvements at Mississippi State Parks.
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Applies to sales tax revenue collected under Chapter 27-65, excluding certain exempted sections, with funds diverted after other required diversions are made.
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Takes effect July 1, 2020.
Legislative Description
Sales tax; divert certain sales tax revenue to special fund for state parks improvement.
Last Action
Died In Committee
6/9/2020