MS HB1960

Levies an additional tax on retail sales of soft drinks at a rate of one cent (1¢) per ounce in addition to the existing seven percent (7%) sales tax.

Defines "soft drinks" as beverages closed or sealed in glass, metal, or other containers, including Coca Cola, Sprite, Dr. Pepper, 7-Up, R C Cola, Ginger ale, Canada Dry, Shasta, and similar items.

Amends Section 27-65-17 of the Mississippi Code of 1972 by adding a new paragraph (m) to establish the soft drink tax.

Becomes effective July 1, 2024.