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MS HB999
Bill
Status
2/28/2023
Primary Sponsor
Bill Kinkade
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AI Summary
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Directs a portion of state sales tax revenue from businesses with North American Industry Classification System Code 451110 (zoos and aquariums) to the Mississippi Outdoor Stewardship Trust Fund beginning August 15, 2023.
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Deposits $833,333.34 monthly from August 2023 through July 2024, $1,000,000 monthly from August 2024 through July 2025, and $1,250,000 monthly from August 2025 onward into the trust fund.
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Amends Section 49-39-7 to clarify that the Mississippi Outdoor Stewardship Trust Fund may receive monies "in any manner" from appropriations and other sources, and specifies that unobligated funds exceeding $20 million (excluding federal funds) lapse to the General Fund annually.
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Restricts property acquisition projects from fund approval until after July 1, 2024, and requires nongovernmental applicants to submit audits, certificates of good standing, and board member lists for conflicts of interest review.
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Takes effect July 1, 2023.
Legislative Description
Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.
Last Action
Died In Committee
2/28/2023