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Bill > HB884
MS HB884
MS HB884Sales tax; divert certain sales tax revenue to special fund for state parks improvement.
summary
Introduced
02/14/2020
02/14/2020
In Committee
05/11/2020
05/11/2020
Crossed Over
03/05/2020
03/05/2020
Passed
Dead
06/09/2020
06/09/2020
Introduced Session
2020 Regular Session
Bill Summary
An Act To Amend Section 27-65-75, Mississippi Code Of 1972, To Provide That A Portion Of The Sales Tax Revenue Collected On Business Activities On The Premises Of A Mississippi State Park Shall Be Deposited Into The State Parks Repair, Renovation And Capital Improvements Fund; To Amend Section 55-3-41, Mississippi Code Of 1972, To Create The "state Parks Repair, Renovation And Capital Improvements Fund" As A Special Fund In The State Treasury; To Provide That Monies In The Fund Shall Be Expended, Upon Appropriation By The Legislature, To Defray The Costs Of Repairs, Renovations And Capital Improvements At Mississippi State Parks; And For Related Purposes.
AI Summary
This bill would divert a portion of the sales tax revenue collected on business activities at Mississippi state parks to a special fund for the repair, renovation, and capital improvements of those state parks. Specifically, it would establish the "State Parks Repair, Renovation and Capital Improvements Fund" in the state treasury, and require that the sales tax revenue collected on business activities at state parks (except for certain exempted taxes) be deposited into this fund, to be used solely for the maintenance and improvement of Mississippi's state park system.
Committee Categories
Budget and Finance, Government Affairs
Sponsors (2)
Last Action
Died In Committee (on 06/09/2020)
Official Document
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