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MS HB828

Bill

Status

Failed

2/24/2021

Primary Sponsor

Earle Banks

Click for details

Origin

House of Representatives

2021 Regular Session

AI Summary

  • Municipalities with populations of 150,000 or more may impose a one cent per gallon excise tax on retail gasoline and diesel fuel sales
  • Tax requires voter approval through municipal election with notice published weekly for at least three consecutive weeks before the election
  • Department of Revenue collects the tax and remits proceeds to municipalities by the 15th of each following month, retaining 1% for collection costs
  • Tax revenues must be deposited in a separate municipal fund and spent exclusively on repair, maintenance, and reconstruction of roads, streets, and bridges
  • Act takes effect July 1, 2021

Legislative Description

Fuel tax; authorize certain municipalities to impose after an election to be used for road and bridge repair and maintenance.

Last Action

Died In Committee

2/24/2021

Committee Referrals

Ways and Means1/18/2021

Full Bill Text

No bill text available