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MS SB2271
Bill
Status
Failed
2/3/2026
Primary Sponsor
Angela Burks Hill
Click for details
AI Summary
- Creates a new 18.5% sales tax revenue diversion to counties for business activities occurring outside municipal limits, effective August 15, 2026
- Revenue allocation applies to most sales tax collections except those under specific sections (27-65-15, 27-65-19(3), 27-65-21, and 27-65-24)
- County payments are in addition to existing allocations already distributed to counties under other provisions of the sales tax law
- Amends Section 27-65-53 to include counties in the overpayment recovery process, allowing the state to withhold funds from counties that erroneously received sales tax disbursements
- Bill takes effect July 1, 2026
Legislative Description
Sales tax; create diversion to counties.
Last Action
Died In Committee
2/3/2026
Committee Referrals
Finance1/14/2026
Full Bill Text
No bill text available