MS HB336

Brings forward sections of Mississippi's gasoline excise tax law (27-55-11, 27-55-12, 27-55-19, 27-55-23) for possible amendment, establishing tax rates of 18¢ per gallon on gasoline and 6.4¢ per gallon on aviation gasoline.

Brings forward sections of the special fuel tax law (27-55-519, 27-55-521, 27-55-523, 27-55-533) establishing tax rates of 18¢ per gallon on undyed diesel fuel and 5.75¢ per gallon on other special fuels.

Brings forward Section 27-5-101 governing fuel tax distribution to the State Highway Fund, counties, municipalities, and school districts, with provisions for highway bond debt service.

Brings forward Section 65-39-35 establishing dates when fuel tax rates will automatically reduce upon completion of certain transportation projects (reduced to 14.4¢ for gasoline and 14.75¢ for special fuel at specified completion dates).

Takes effect July 1, 2021.