Senate Bill 3164

AN ACT TO AMEND SECTION 27-7-5, MISSISSIPPI CODE OF 1972, TO PHASE OUT, AT A RATE OF 1% PER YEAR OVER A FOUR-YEAR PERIOD BEGINNING IN CALENDAR YEAR 2023, THE 4% INCOME TAX ON TAXABLE INCOME IN EXCESS OF $5,000.00 UP TO AND INCLUDING $10,000.00, OR ANY PART THEREOF; TO AMEND SECTION 27-65-17, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT RETAIL SALES OF FOOD OR DRINK FOR HUMAN CONSUMPTION ELIGIBLE FOR PURCHASE WITH FOOD STAMPS ISSUED BY THE UNITED STATES DEPARTMENT OF AGRICULTURE OR OTHER FEDERAL AGENCY SHALL BE TAXED AT THE RATE OF 5%; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO REVISE THE DISTRIBUTION OF STATE SALES TAX REVENUE COLLECTED FROM RETAIL SALES OF FOOD FOR HUMAN CONSUMPTION NOT PURCHASED WITH FOOD STAMPS BUT WHICH WOULD BE EXEMPT FROM SALES TAX IF PURCHASED WITH FOOD STAMPS; TO AMEND SECTION 27-67-31, MISSISSIPPI CODE OF 1972, TO REVISE THE DISTRIBUTION OF STATE USE TAX REVENUE COLLECTED FROM RETAIL SALES OF FOOD FOR HUMAN CONSUMPTION NOT PURCHASED WITH FOOD STAMPS BUT WHICH WOULD BE EXEMPT FROM USE TAX IF PURCHASED WITH FOOD STAMPS; TO AMEND SECTION 27-19-99, MISSISSIPPI CODE OF 1972, TO REDEDICATE THE PORTION OF THE STANDARD LICENSE TAG FEE DEPOSITED INTO THE STATE GENERAL FUND, SO THAT IT WILL BE DEPOSITED INSTEAD INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTION 27-19-56.15, MISSISSIPPI CODE OF 1972, TO REDEDICATE THE PORTION OF THE ADDITIONAL FEE DEPOSITED INTO THE STATE GENERAL FUND FROM THE SALE OF DISTINCTIVE LICENSE TAGS DISPLAYING THE EMBLEMS OF CERTAIN PUBLIC OR PRIVATE UNIVERSITIES LOCATED IN OTHER STATES, SO THAT IT WILL BE DEPOSITED INSTEAD INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTION 27-19-56.24, MISSISSIPPI CODE OF 1972, TO REDEDICATE THE PORTION OF THE DUCKS UNLIMITED, INC., DISTINCTIVE LICENSE TAG ADDITIONAL FEE TO BE DEPOSITED INTO THE STATE GENERAL FUND IF THERE IS NO MISSISSIPPI CHAPTER OF DUCKS UNLIMITED, INC., SO THAT IT WILL BE DEPOSITED INSTEAD INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTION 27-19-56.137, MISSISSIPPI CODE OF 1972, TO REDEDICATE THE PORTION OF THE REBUILD THE COAST.ORG DISTINCTIVE LICENSE TAG ADDITIONAL FEE TO BE DEPOSITED INTO THE STATE GENERAL FUND WHEN REBUILD THE COAST.ORG IS DISSOLVED, SO THAT IT WILL BE DEPOSITED INSTEAD INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTIONS 27-19-45, 27-19-47, 27-19-47.1, 27-19-47.2, 27-19-48, 27-19-56.1, 27-19-56.2, 27-19-56.3, 27-19-56.5, 27-19-56.6, 27-19-56.11, 27-19-56.13 AND 27-19-56.467, MISSISSIPPI CODE OF 1972, TO REMOVE THE PORTIONS OF OTHER DISTINCTIVE LICENSE TAG ADDITIONAL FEES THAT ARE CURRENTLY DEPOSITED INTO THE STATE GENERAL FUND; TO AMEND SECTION 27-19-179, MISSISSIPPI CODE OF 1972, TO CHANGE THE PROVISION THAT UNEXPENDED AMOUNTS ABOVE $500,000.00 IN THE DEPARTMENT OF REVENUE LICENSE TAG ACQUISITION FUND SHALL LAPSE ANNUALLY INTO THE STATE GENERAL FUND, SO THAT THEY WILL LAPSE INSTEAD INTO THE MOTOR VEHICLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTION 27-51-105, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE ABOVE; TO PROVIDE THAT EACH TAXPAYER WHO FILED A 2021 FORM 80-105 MISSISSIPPI INCOME TAX RETURN SHALL RECEIVE A REBATE OF 5% OF HIS 2021 TAX LIABILITY; TO SPECIFY THAT THE REBATE SHALL BE NO LESS THAN $100.00 PER TAXPAYER AND NO MORE THAN $1,000.00 PER TAX RETURN; TO CREATE THE 2022 INCOME TAX REBATE FUND AS A SPECIAL FUND IN THE STATE TREASURY, TO CONTAIN MONIES APPROPRIATED BY THE LEGISLATURE, TO BE USED BY THE DEPARTMENT OF REVENUE TO PAY TAXPAYERS ENTITLED TO INCOME TAX REBATES UNDER THIS ACT; TO DIRECT THE STATE FISCAL OFFICER TO TRANSFER TO THE 2022 INCOME TAX REBATE FUND OUT OF THE CAPITAL EXPENSE FUND ANY ADDITIONAL AMOUNT OVER THE AMOUNT PROVIDED BY THE LEGISLATURE AS NECESSARY TO FUND THE REBATE; AND FOR RELATED PURPOSES.

In the Senate

• Josh Harkins

  Sponsor

• Senate floor amendmentAdopted

  Adopted Feb 23

• House of Representatives floor amendmentAdopted

  Adopted Mar 14

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

In the Senate Feb 21 – Feb 23

1. Feb 21Referred to the Senate committee on Finance
2. Feb 22Reported from committee in the Senate: title sufficient, do pass as a committee substitute
3. Feb 23Committee substitute adopted in the Senate
4. Amended in the Senate
5. Passed the Senate as amended

In the House of Representatives Feb 23 – Mar 14

1. Feb 23Motion in the Senate to reconsider entered
2. Feb 24Motion in the Senate to reconsider tabled
3. Sent to the House
4. Referred to the House committee on Ways and Means
5. Mar 14Reported from committee in the House: title sufficient, do pass as amended
6. Amended in the House
7. Passed the House as amended

Back in the Senate Mar 15 – Mar 26

1. Mar 15Returned to the Senate to concur in the House's amendments
2. Mar 16Declined in the Senate to concur, and invited a conference
3. Mar 18Conferees named in the Senate: Harkins, Johnson and Parker
4. Mar 22Conferees named in the House: Lamar, Steverson and Massengill
5. Mar 26Died in conference in the Senate