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MS SB2031
Bill
AI Summary
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Reduces the annual privilege license tax for package retailer's permits (liquor stores) in municipalities with populations of 5,000 or less from $900 to $450
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Package retailers in municipalities with populations greater than 5,000 continue to pay the standard $900 annual privilege license tax
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Population thresholds are determined by the latest federal decennial census
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The reduced tax also applies to the additional local license tax collected for municipalities, effectively halving the total licensing cost for small-town package stores
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Effective date: July 1, 2020
Legislative Description
Alcoholic beverages; reduce privilege tax for package retailer's permits for locations in cities with a population of 5,000 or less.
Last Action
Died In Committee
6/3/2020
Committee Referrals
Finance1/14/2020
Full Bill Text
No bill text available