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Bill > SB2876
MS SB2876
MS SB2876Sales tax; distribute revenue from a municipal historical hamlet to the applicable county, to be spent solely in the hamlet.
summary
Introduced
01/19/2026
01/19/2026
In Committee
01/19/2026
01/19/2026
Crossed Over
Passed
Dead
02/03/2026
02/03/2026
Introduced Session
2026 Regular Session
Bill Summary
An Act To Amend Section 17-27-5, Mississippi Code Of 1972, To Provide For The Distribution Of State Sales Tax Revenue Generated Within The Boundaries Of A Municipal Historical Hamlet To The County In Which Such Hamlet Is Located; To Provide That The Board Of Supervisors Of Such County Shall Appropriate Such Revenue Solely Within The Boundaries Of Such Hamlet; To Provide That The Tax Assessor Of The County In Which A Hamlet Is Located Shall List All Businesses Within Such Hamlet Subject To The State Sales Tax And Shall Provide Such List To The Department Of Revenue Annually For Proper Distribution Of Sales Tax Revenue Generated Within Such Hamlet; To Amend Section 27-65-75, Mississippi Code Of 1972, To Conform; And For Related Purposes.
AI Summary
This bill modifies how state sales tax revenue generated within a "municipal historical hamlet" (defined as a former city, town, or village with fewer than 600 residents that lost its charter before 1945) is distributed and used. Specifically, it mandates that all state sales tax revenue collected from businesses located within such a hamlet will be sent to the county where the hamlet is situated. The county's board of supervisors will then be required to spend these funds exclusively within the boundaries of that hamlet. To ensure proper collection, the county tax assessor must maintain a list of all businesses within the hamlet subject to state sales tax and provide this list annually to the Department of Revenue for accurate distribution. This change is intended to conform with existing laws regarding the distribution of sales tax revenue.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Died In Committee (on 02/03/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://billstatus.ls.state.ms.us/2026/pdf/history/SB/SB2876.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/SB/2800-2899/SB2876IN.htm |
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