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MS SB2202
Bill
Status
2/2/2021
Primary Sponsor
Lydia Chassaniol
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AI Summary
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Creates the "State Parks Repair, Renovation and Capital Improvements Fund" as a special fund in the State Treasury to pay for repairs, renovations, and capital improvements at Mississippi State Parks
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Diverts sales tax revenue collected from business activities on Mississippi State Park premises (excluding certain contractor and motor vehicle taxes) into the new fund, after standard diversions to municipalities
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Requires legislative appropriation before funds can be expended from the special fund
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Specifies that unexpended amounts in the fund do not lapse to the General Fund at fiscal year end, and any investment earnings remain credited to the fund
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Effective date: July 1, 2021
Legislative Description
Sales tax; divert certain sales tax revenue to special fund for state parks improvement.
Last Action
Died In Committee
2/2/2021