Mississippi Senate Bill 2425 (Prior Session Legislation)

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Completed Legislative Action
Spectrum: Partisan Bill (Republican 2-0)
Status: Passed on March 22 2019 - 100% progression
Action: 2019-03-22 - Approved by Governor
Text: Latest bill text (Enrolled) [HTML]

An Act To Amend Section 27-65-75, Mississippi Code Of 1972, To Authorize A Diversion To Certain Counties Of A Portion Of The Sales Tax Revenue Collected On Business Activities Within A Redevelopment Project Developed Under The Tax Increment Financing Act If The County Has Issued Bonds Under The Tax Increment Financing Act To Finance All Or A Portion Of Such Redevelopment Project, Any Debt Service For Such Indebtedness Is Outstanding, And A Development With A Value Of $10,000,000.00 Or More Is, Or Will Be, Located In The Redevelopment Area; To Require The Revenue From Such Diversion To Be Utilized To Satisfy Such Indebtedness; To Provide That The Diversion Shall End The Month The Indebtedness Is Satisfied; To Amend Section 21-45-9, Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.

Sales taxation; divert portion of revenue to certain counties in which certain tax increment finance projects are located.

Sen. Joey Fillingane [R]

Sen. Brice Wiggins [R]

2019-03-07 - House - House Passed (Y: 110 N: 5 NV: 3 Abs: 0) [PASS]
2019-01-31 - Senate - Senate Passed (Y: 39 N: 9 NV: 2 Abs: 0) [PASS]

Date	Chamber	Action
2019-03-22		Approved by Governor
2019-03-19	House	Enrolled Bill Signed
2019-03-19	Senate	Enrolled Bill Signed
2019-03-11	House	Returned For Enrolling
2019-03-07	House	Passed
2019-03-05	House	Title Suff Do Pass
2019-02-19	House	Referred To Ways and Means
2019-02-01	Senate	Transmitted To House
2019-01-31	Senate	Passed
2019-01-24	Senate	Title Suff Do Pass
2019-01-21	Senate	Referred To Finance

Type	Source
Summary	https://billstatus.ls.state.ms.us/2019/pdf/history/SB/SB2425.xml
Text	https://billstatus.ls.state.ms.us/documents/2019/html/SB/2400-2499/SB2425IN.htm
Text	https://billstatus.ls.state.ms.us/documents/2019/html/SB/2400-2499/SB2425PS.htm
Text	https://billstatus.ls.state.ms.us/documents/2019/html/SB/2400-2499/SB2425SG.htm
Roll Call	https://billstatus.ls.state.ms.us/2019/pdf/votes/senate/0240006.pdf
Roll Call	https://billstatus.ls.state.ms.us/2019/pdf/votes/house/0590005.pdf