2019 Regular Session

House Bill 727

Sales tax; divert a portion of revenue to counties in which certain tax increment financing districts are located.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on February 5, 2019. The 2019 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO AUTHORIZE A DIVERSION TO 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.

Its course

January 17 to February 5, 2019, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action2 actions on 2 days

In the House of RepresentativesJan 17 to Feb 5 · stopped19 days

Ways and MeansJan 17 to Feb 5 · stopped19 days

Text

Each version as the Legislature printed it.

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

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the House of Representatives Jan 17 – Feb 5

Jan 17Referred to the House committee on Ways and Means
Feb 5Died in committee in the House

All 2 actions, as published

Jan 17Referred To Ways and MeansHouse of Representatives
Feb 5Died In CommitteeHouse of Representatives