Bill

Bill > HB866


MS HB866

MS HB866
Fuel and lubricating oil taxes; remove bond limit and class distinctions for certain distributors, require electronic filing of returns.


summary

Introduced
02/14/2020
In Committee
05/11/2020
Crossed Over
03/10/2020
Passed
06/15/2020
Dead
Signed/Enacted/Adopted
06/22/2020

Introduced Session

2020 Regular Session

Bill Summary

An Act To Amend Sections 27-55-7, 27-55-507, 27-57-7 And 27-59-7, Mississippi Code Of 1972, To Allow The Maximum Bond Limit For Distributors Of Gasoline, Special Fuel, Lubricating Oil And Compressed Gas To Be Exceeded In Certain Circumstances; To Amend Sections 27-57-5, 27-57-9, 27-57-11 And 27-57-17, Mississippi Code Of 1972, To Remove All References To Class A And Class B Lubricating Oil Distributors; To Amend Sections 27-55-13, 27-55-523, 27-59-13 And 27-59-311, Mississippi Code Of 1972, To Remove References To Filing Paper Returns And To Add Requirements For Electronic Filing; To Amend Section 27-57-13, Mississippi Code Of 1972, In Conformity To The Above; And For Related Purposes.

AI Summary

This bill removes the bond limit and class distinctions for certain distributors of gasoline, special fuel, lubricating oil, and compressed gas in Mississippi. It also requires all tax returns to be filed electronically instead of by mail. The bill amends sections of the Mississippi Code to allow the bond amount to be increased if a distributor is delinquent, remove references to "Class A" and "Class B" lubricating oil distributors, and mandate electronic filing of tax returns rather than paper filings.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Approved by Governor (on 06/22/2020)

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