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MS SB2876

Bill

Status

Failed

2/3/2026

Primary Sponsor

Jason Barrett

Click for details

Origin

Senate

2026 Regular Session

AI Summary

  • State sales tax revenue generated within municipal historical hamlet boundaries would be distributed to the county where the hamlet is located, rather than remaining with the state
  • County boards of supervisors must appropriate these distributed sales tax funds solely within the boundaries of the hamlet where the revenue was generated
  • County tax assessors must compile and submit annual lists of all sales tax-liable businesses within each hamlet to the Department of Revenue to ensure proper revenue distribution
  • Municipal historical hamlets are defined as former cities, towns, or villages with populations under 600 that lost their charters before 1945
  • Effective date: July 1, 2026

Legislative Description

Sales tax; distribute revenue from a municipal historical hamlet to the applicable county, to be spent solely in the hamlet.

Last Action

Died In Committee

2/3/2026

Committee Referrals

Finance1/19/2026

Full Bill Text

No bill text available