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MS SB2551
Bill
AI Summary
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Diverts 2% of state sales tax revenue collected on activities at the Mississippi Coast Coliseum and Convention Center to the Mississippi Coast Coliseum and Convention Trust Fund, effective August 15, 2025, for capital improvements and major repairs only.
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Diverts 2% of state sales tax revenue collected on activities at the Mississippi State Fairgrounds to a special fund managed by the Department of Agriculture and Commerce, effective August 15, 2025, for capital improvements and major repairs only.
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Excludes from the diversions sales tax revenue collected under Sections 27-65-19(3), 27-65-21, and 27-65-24.
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Requires legislative appropriation of diverted funds before expenditure on the specified capital improvements and repairs.
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Effective date: July 1, 2025.
Legislative Description
Sales tax revenue; divert 2% from activities at Coast Coliseum and State Fairgrounds for repairs to those entities.
Last Action
Died In Committee
2/4/2025