Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 17, 2026.
2026 Regular Session
Senate Bill 2840
Inventory tax; require Department of Revenue to provide report containing certain 2025 information regarding.
What it does
The synopsis the Legislature published with the bill.
AN ACT TO REQUIRE THE DEPARTMENT OF REVENUE TO COLLECT DATA FROM EACH COUNTY SHOWING TOTAL REVENUE FROM THE INVENTORY TAX FOR THE 2025 TAX YEAR; TO REQUIRE THE DEPARTMENT TO PROVIDE TO THE CHAIRMEN OF THE SENATE FINANCE COMMITTEE AND THE HOUSE WAYS AND MEANS COMMITTEE, NO LATER THAN DECEMBER 1, 2026, A REPORT CONTAINING INFORMATION FROM THE 2025 TAX YEAR REGARDING TOTAL REVENUE FROM THE INVENTORY TAX, TOTAL AMOUNT OF CREDITS CLAIMED FOR INVENTORY TAX PAYMENTS, CATEGORIZED BY ENTITY TYPE, AND TOTAL AMOUNT OF CREDITS ALLOCATED FOR INVENTORY TAX PAYMENTS, CATEGORIZED BY ENTITY TYPE; TO BRING FORWARD SECTION 27-7-22.5, MISSISSIPPI CODE OF 1972, FOR THE PURPOSE OF POSSIBLE AMENDMENT; 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
Sponsor
Its course
January 19 to March 17, 2026, 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 action8 actions on 5 days
In the SenateJan 19 to Feb 2537 days
FinanceJan 19 to Feb 2436 days
In the House of RepresentativesFeb 25 to Mar 17 · stopped20 days
Ways and MeansFeb 26 to Mar 17 · stopped19 days
Amendments
Each amendment offered, and what became of it.
Senate floor amendmentAdopted
Adopted Feb 25
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 19 – Feb 25
- Jan 19Referred to the Senate committee on Finance
- Feb 24Reported from committee in the Senate: title sufficient, do pass as a committee substitute
- Feb 25Committee substitute adopted in the Senate
- Amended in the Senate
- Passed the Senate as amended
In the House of Representatives Feb 26 – Mar 17
- Feb 26Sent to the House
- Referred to the House committees on Ways and Means and on Accountability, Efficiency, Transparency
- Mar 17Died in committee in the House
All 8 actions, as published
- Jan 19Referred To FinanceSenate
- Feb 24Title Suff Do Pass Comm SubSenate
- Feb 25Committee Substitute AdoptedSenate
- Feb 25AmendedSenate
- Feb 25Passed As AmendedSenate
- Feb 26Transmitted To HouseSenate
- Feb 26Referred To Ways and Means;Accountability, Efficiency, TransparencyHouse of Representatives
- Mar 17Died In CommitteeHouse of Representatives