Bill > HB955

This bill amends Mississippi law to create a diversion of sales tax revenue to counties for business activities occurring outside of incorporated municipalities within those counties, with this new provision taking effect on July 1, 2026. Specifically, it adds a new subsection (25) to Section 27-65-75 of the Mississippi Code of 1972, which will direct eighteen and one-half percent (18.5%) of the total sales tax revenue collected from business activities outside of municipalities to the respective county, and an additional twenty-five and nine-tenths percent (25.9%) of sales tax revenue collected under Section 27-65-17(1)(n) to the county. This change is made in conformity with amendments to Section 27-65-53, which also allows for adjustments and withholdings of erroneously disbursed funds to include counties, in addition to municipalities and state institutions of higher learning. The intent is to provide counties with a portion of sales tax revenue generated from economic activity within their unincorporated areas.

Budget and Finance

https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB0955.xml