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MS HB825
Bill
Status
2/2/2021
Primary Sponsor
Earle Banks
Click for details
AI Summary
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Allocates 1% of fuel tax revenue (gasoline, diesel, and kerosene) collected within Jackson, Mississippi to the City of Jackson beginning August 15, 2020.
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Designated funds must be dedicated solely to street construction and repair, and infrastructure maintenance and improvements, not general fund revenue.
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Payment is intended to help Jackson offset ad valorem tax losses from state-owned property and increased infrastructure, law enforcement, and public safety costs from being the state capital.
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Amends Section 27-65-75 and Section 27-5-101 of Mississippi Code to establish this fuel tax allocation in addition to any other funds already allocated to the city.
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Takes effect July 1, 2021.
Legislative Description
Fuel taxes; allocate a portion to the City of Jackson to defray costs incurred as a result of being the seat of state government.
Last Action
Died In Committee
2/2/2021