MS SB2473

Increases the portion of sales tax revenue collected on business activities within municipalities from 18.5% to 20%, effective July 1, 2023.

Extends the repealer date for the $1,666,666.00 monthly diversion to the Educational Facilities Revolving Loan Fund from July 1, 2023 to July 1, 2027.

Applies the increased municipal distribution percentage to sales tax revenue except that collected under Sections 27-65-15, 27-65-19(3), 27-65-21, and 27-65-24.

Makes conforming changes to strike references to "department of Revenue" throughout the statute.