Bill

Bill > HB977


MS HB977

MS HB977
Oil and gas severance; revise date by taxes are due.


summary

Introduced
02/14/2020
In Committee
05/12/2020
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 27-25-519 And 27-25-717, Mississippi Code Of 1972, To Revise The Date By Which Taxpayers Must Remit Oil Severance And Gas Severance Taxes; And For Related Purposes.

AI Summary

This bill amends Sections 27-25-519 and 27-25-717 of the Mississippi Code of 1972 to revise the date by which taxpayers must remit oil severance and gas severance taxes. Specifically, it changes the due date for these taxes from the 25th day of the month following the month in which the tax accrued to the 25th day of the second month following the month in which the tax accrued. The bill also updates references to the "tax commission" to the "Department of Revenue" and makes other minor administrative changes.

Committee Categories

Agriculture and Natural Resources, Budget and Finance

Sponsors (1)

Last Action

Approved by Governor (on 06/22/2020)

bill text


bill summary

Loading...

bill summary

Loading...
Loading...