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MS HB1364

MS HB1364
Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.


summary

Introduced
01/19/2026
In Committee
01/19/2026
Crossed Over
Passed
Dead
02/03/2026

Introduced Session

2026 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 amends existing Mississippi law to direct a portion of sales tax revenue towards the Mississippi Outdoor Stewardship Trust Fund, a fund established to support various outdoor recreation, conservation, and land acquisition projects. Specifically, starting September 15, 2026, $1,250,000 each month from sales tax revenue generated by businesses classified under the North American Industry Classification System (NAICS) code 451110 (which typically covers sporting goods stores) will be deposited into this trust fund. The bill also makes conforming changes to the section of law that governs the Mississippi Outdoor Stewardship Trust Fund, allowing for monies to be "otherwise made available" and "in any manner," which broadens how funds can be deposited into the trust. This legislation aims to provide dedicated funding for the preservation and improvement of Mississippi's natural resources and outdoor recreational opportunities.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died In Committee (on 02/03/2026)

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