Senate Bill 3200

AN ACT TO AUTHORIZE THE GOVERNING AUTHORITIES OF THE CITY OF PONTOTOC, MISSISSIPPI, TO IMPOSE A SPECIAL SALES TAX OF NOT MORE THAN ONE-FOURTH OF ONE PERCENT ON THE GROSS PROCEEDS OF ALL SALES OR THE GROSS INCOME OF BUSINESSES IN THE CITY DERIVED FROM ACTIVITIES TAXED AT THE RATE OF SEVEN PERCENT UNDER THE MISSISSIPPI SALES TAX LAW; TO PROVIDE THAT THE SPECIAL SALES TAX SHALL NOT BE LEVIED UNLESS AUTHORIZED BY AT LEAST 60% OF THE VOTERS IN AN ELECTION CALLED AND HELD ON THE ISSUE OF THE TAX LEVY; TO AUTHORIZE THE CITY TO ISSUE BONDS OR OTHERWISE INCUR INDEBTEDNESS IN AN AMOUNT NOT GREATER THAN THE AMOUNT FOR WHICH DEBT SERVICE IS CAPABLE OF BEING FUNDED BY THE PROCEEDS OF THE SPECIAL SALES TAX; TO PROVIDE THAT THE REVENUE COLLECTED UNDER THE SPECIAL SALES TAX SHALL BE USED AND EXPENDED BY THE CITY ONLY TO FUND THE PURCHASE OF FIRE FIGHTING EQUIPMENT, THE CONSTRUCTION OF A FIRE STATION AND INFRASTRUCTURE RELATED THERETO; TO PROVIDE FOR THE DISCONTINUANCE OF THE SPECIAL SALES TAX UPON COMPLETION OF THE FUNDING OF THE PURCHASE OF FIRE FIGHTING EQUIPMENT, THE CONSTRUCTION OF A FIRE STATION AND INFRASTRUCTURE RELATED THERETO; AND FOR RELATED PURPOSES.

In the Senate

• Nickey Browning

  Sponsor

l9n doesn't hold this bill's text yet.

In the Senate Mar 28 – Apr 18

1. Mar 28Referred to the Senate committees on Local and Private and on Finance
2. Apr 18Died in committee in the Senate