MS SB2847

All amounts owed to Mississippi state or local governments that can be paid in cash (taxes, fees, fines, assessments, utility charges) must be rounded to the nearest 5¢ for final calculation, though smaller monetary units may still be used in intermediate calculations

Private merchants are not required to round sales, use, excise, or other transaction taxes in their sales to customers, but if they choose to remit taxes to the Department of Revenue in cash, the amount owed must be rounded to the nearest 5¢

Amends 12 sections of Mississippi Code across various areas including clerk compensation, printer fees, telephone taxes, drilling rig taxes, vehicle permits, timber taxes, mineral documentary taxes, and forest acreage taxes to conform with the new rounding requirement

Applies to any governing body of the State of Mississippi or its political subdivisions when charging members of the public for amounts payable in cash