MS SB2197

Reduces the annual privilege license tax for package retailer's permits (liquor stores) from $900 to $450 for locations in municipalities with a population of 5,000 or less according to the latest federal decennial census

Package retailers in municipalities with populations over 5,000 continue to pay the standard $900 annual privilege license tax

The reduced tax rate applies to the state privilege license tax, with municipalities still receiving an additional matching license tax payment from the Department of Revenue

Effective date is July 1, 2022