MS HB1741 | 2016 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on April 21 2016 - 100% progression
Action: 2016-04-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on April 21 2016 - 100% progression
Action: 2016-04-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Authorize The Governing Authorities Of The City Of Corinth, Mississippi, To Impose A Special Tax Of Not More Than 0.25% On The Gross Proceeds Of All Sales Or The Gross Income Of Business In The Municipality Derived From Activities Taxed At The Rate Of 7% Or More Under The Mississippi Sales Tax Law; To Provide For An Election On The Question Of Imposing The Special Sales Tax; To Authorize The City To Incur Indebtedness In An Amount Not Greater Than An Amount Whose Debt Service Is Capable Of Being Funded By The Proceeds Of The Special Sales Tax; To Provide That The Special Sales Tax Revenue Collected Pursuant To Such Tax Shall Be Used And Expended By The City Only To Fund Specific Major Thoroughfare Infrastructure Projects; And For Related Purposes.
Title
City of Corinth; authorize imposition of local sales tax at rate of 0.25% of 1% for certain purposes.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2016-04-21 | House | Died In Committee |
2016-03-15 | House | Referred To Local and Private Legislation |
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2016/pdf/history/HB/HB1741.xml |
Text | https://billstatus.ls.state.ms.us/documents/2016/html/HB/1700-1799/HB1741IN.htm |