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Bill > HB596


MS HB596

MS HB596
Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.


summary

Introduced
01/15/2025
In Committee
01/15/2025
Crossed Over
Passed
Dead
02/04/2025

Introduced Session

2025 Regular Session

Bill Summary

An Act To Amend Section 27-65-75, Mississippi Code Of 1972, To Provide That A Portion Of The State Sales Tax Revenue Derived From Sales Of Businesses With A Certain North American Industry Classification System Code Shall Be Deposited Into The Mississippi Outdoor Stewardship Trust Fund; To Amend Section 49-39-7, Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.

AI Summary

This bill modifies the Mississippi sales tax distribution system to allocate $1,250,000 monthly from sales tax revenue of businesses with the North American Industry Classification System (NAICS) Code 451110 (Sporting Goods Stores) into the Mississippi Outdoor Stewardship Trust Fund starting August 15, 2025. The Trust Fund, created in a previous law, is designed to support various outdoor recreation and conservation projects, including improving state parks, acquiring and enhancing parks and trails, restoring wildlife habitats, protecting conservation lands, and supporting public outdoor recreation efforts. The bill also makes a minor technical amendment to the Trust Fund's enabling statute by adding language about monies being "otherwise made available" by the Legislature. The sales tax allocation will continue until at least July 15, 2057, and the funds can be used for grants to counties, municipalities, state agencies, and non-governmental entities for a wide range of environmental and recreational purposes, with specific priorities given to projects that support public recreation, leverage matching funds, promote outdoor activities, and contribute to water and soil conservation.

Committee Categories

Budget and Finance

Sponsors (8)

Last Action

Died In Committee (on 02/04/2025)

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