Senate Bill 2859

AN ACT TO IMPOSE A TAX EQUAL TO 8% OF THE STATEWIDE AVERAGE WHOLESALE PRICE OF A GALLON OF MOTOR FUEL CALCULATED FOR THE APPLICABLE CALENDAR YEAR ON EACH GALLON OF MOTOR FUEL SOLD FOR CONSUMPTION IN VEHICLES OPERATED ON THE HIGHWAYS OF THIS STATE; TO PROVIDE THAT THE AMOUNT OF THE TAX SHALL BE ADDED TO THE APPLICABLE EXCISE TAX AND THAT THE COMMISSIONER OF REVENUE SHALL NOTIFY EACH DISTRIBUTOR OF MOTOR FUEL OF THE APPLICABLE TAX PER GALLON WHICH SHALL BE THE TAX IN EFFECT FOR THE TWELVE-MONTH PERIOD BEGINNING ON THE NEXT JANUARY FIRST; TO PROVIDE THE MANNER THAT THE TAX SHALL BE CALCULATED; TO PROVIDE FOR CERTAIN EXEMPTIONS FROM THE TAX; TO REQUIRE THE REVENUE COLLECTED FROM SUCH TAX TO BE DEPOSITED INTO THE TRANSPORTATION INFRASTRUCTURE REPAIR, RENOVATION AND MAINTENANCE FUND; TO AMEND SECTION 27-19-43, MISSISSIPPI CODE OF 1972, TO PLACE ADDITIONAL REGISTRATION FEES ON MOTOR VEHICLES AND TRAILERS REGISTERED IN THIS STATE AND PROVIDE THAT THE REVENUE FROM SUCH FEES BE DEPOSITED IN THE TRANSPORTATION INFRASTRUCTURE REPAIR, RENOVATION AND MAINTENANCE FUND; TO AMEND SECTION 1, CHAPTER 479, LAWS OF 2015, TO PROVIDE THAT AMOUNTS IN THE SPECIAL BOND SINKING FUND ESTABLISHED TO PAY THE ANNUAL DEBT SERVICE ON BONDS ISSUED FOR THE 2015 MISSISSIPPI DEFICIENT BRIDGE AND STATE AID ROAD SUPPLEMENTAL FUND THAT ARE IN EXCESS OF THE AMOUNT NEEDED TO FUND THE NEXT ANNUAL DEBT SERVICE ON SUCH BONDS SHALL BE DEPOSITED INTO THE TRANSPORTATION INFRASTRUCTURE REPAIR, RENOVATION AND MAINTENANCE FUND; TO CREATE THE TRANSPORTATION INFRASTRUCTURE REPAIR, RENOVATION AND MAINTENANCE FUND; TO PROVIDE FOR THE ALLOCATION OF MONEY IN THE FUND TO THE STATE HIGHWAY FUND, THE LOCAL SYSTEM ROAD PROGRAM, THE LOCAL SYSTEM BRIDGE REPLACEMENT AND REHABILITATION FUND, THE STATE AID ROAD FUND, THE MULTI-MODAL TRANSPORTATION IMPROVEMENT FUND, THE MISSISSIPPI DEVELOPMENT AUTHORITY, THE AIR CARRIER INCENTIVE PROGRAM FUND AND THE MISSISSIPPI HIGHWAY-RAILROAD GRADE CROSSING ACCOUNT; TO CREATE A NEW SECTION TO BE CODIFIED AS SECTION 65-18-8, MISSISSIPPI CODE OF 1972, TO CREATE THE LOCAL SYSTEM ROAD PROGRAM ADVISORY COMMITTEE; TO PROVIDE FOR THE MEMBERSHIP OF THE COMMITTEE; TO PROVIDE THAT THE COMMITTEE SHALL RECOMMEND FUNDING PRIORITIES IN EACH COUNTY TO THE STATE AID ENGINEER AND MAKE RECOMMENDATIONS REGARDING FUNDING OF THE LOCAL SYSTEM ROAD PROGRAM TO THE LEGISLATURE; TO CREATE A NEW SECTION TO BE CODIFIED AS SECTION 65-18-10, MISSISSIPPI CODE OF 1972, TO CREATE THE LOCAL SYSTEM ROAD PROGRAM FUND; TO PROVIDE THAT MONEY ALLOCATED BY THE STATE AID ENGINEER TO A COUNTY UNDER THIS SECTION AND THE REVENUE FROM THE AD VALOREM TAX AUTHORIZED TO BE LEVIED BY THIS SECTION SHALL BE UTILIZED SOLELY FOR THE LOCAL SYSTEM ROAD PROGRAM IN THE COUNTY UNDER THE DIRECTION OF THE STATE AID ENGINEER; TO PROVIDE THE FORMULA FOR ALLOCATION OF MONEY IN THE FUND TO COUNTIES; TO PROVIDE THAT IN ORDER TO PARTICIPATE IN THE LOCAL SYSTEM ROAD PROGRAM A COUNTY MUST ANNUALLY LEVY A SPECIAL AD VALOREM TAX, NOT TO EXCEED ONE MILL, UPON ALL TAXABLE PROPERTY LOCATED WITHIN THE COUNTY; TO PROVIDE THAT THE AVAILS OF THE SPECIAL LEVY SHALL BE USED EXCLUSIVELY FOR THE LOCAL SYSTEM ROAD PROGRAM; TO PROVIDE THAT THE MISSISSIPPI DEVELOPMENT AUTHORITY (MDA) SHALL ESTABLISH AN AIR CARRIER INCENTIVE PROGRAM TO MATCH FUNDS EXPENDED BY AIRPORT AUTHORITIES FOR INCENTIVES APPROVED BY MDA INTENDED TO ATTRACT AIR CARRIERS AND EXPAND AIR CARRIER SERVICES; TO CREATE A SPECIAL FUND TO BE DESIGNATED AS THE "AIR CARRIER INCENTIVE PROGRAM FUND"; TO PROVIDE THAT MDA SHALL UTILIZE MONEY IN THE FUND TO MATCH FUNDS EXPENDED BY AIRPORT AUTHORITIES TO PROVIDE THE INCENTIVES AUTHORIZED; TO AMEND SECTIONS 27-65-75, 57-43-15, 65-18-9 AND 65-18-11, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.

In the Senate

• Willie Simmons

  Sponsor

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

In the Senate Mar 11 – Mar 16

1. Mar 11Referred to the Senate committees on Highways and Transportation and on Finance
2. Mar 16Died in committee in the Senate