l9n/ Mississippi

2019 Regular Session

Senate Bill 2425

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

Became law as Chapter 391, Laws of 2019, signed March 22, 2019, 60 days after it was filed.

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 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.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

1 co-sponsor

Brice Wiggins

Its course

January 21 to March 22, 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 action11 actions on 10 days

In the SenateJan 21 to Jan 3110 days

FinanceJan 21 to Jan 243 days

In the House of RepresentativesJan 31 to Mar 735 days

Ways and MeansFeb 19 to Mar 514 days

With the GovernorMar 7 to Mar 2215 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 Senate Jan 21 – Jan 31

  1. Jan 21Referred to the Senate committee on Finance
  2. Jan 24Reported from committee in the Senate: title sufficient, do pass
  3. Jan 31Passed the Senate

In the House of Representatives Feb 1 – Mar 7

  1. Feb 1Sent to the House
  2. Feb 19Referred to the House committee on Ways and Means
  3. Mar 5Reported from committee in the House: title sufficient, do pass
  4. Mar 7Passed the House

To the Governor Mar 11 – Mar 22

  1. Mar 11Returned to the Senate for enrolling
  2. Mar 19Enrolled bill signed in the Senate
  3. Enrolled bill signed in the House
  4. Mar 22Approved by the Governor
All 11 actions, as published
  1. Jan 21Referred To FinanceSenate
  2. Jan 24Title Suff Do PassSenate
  3. Jan 31PassedSenate
  4. Feb 1Transmitted To HouseSenate
  5. Feb 19Referred To Ways and MeansHouse of Representatives
  6. Mar 5Title Suff Do PassHouse of Representatives
  7. Mar 7PassedHouse of Representatives
  8. Mar 11Returned For EnrollingHouse of Representatives
  9. Mar 19Enrolled Bill SignedSenate
  10. Mar 19Enrolled Bill SignedHouse of Representatives
  11. Mar 22Approved by GovernorGovernor