Passage of Senate Bill 2017 sign now

Passage of Senate Bill 2017

AN ACT TO PROVIDE FOR A TAX CREDIT AGAINST THE AMOUNT OF AD VALOREM TAXES DUE DURING THE TAXABLE YEAR ON ANY MOTORCYCLE; TO CREATE IN THE STATE TREASURY A SPECIAL FUND TO BE KNOWN AS THE MOTORCYCLE AD VALOREM TAX REDUCTION FUND, WHICH SHALL BE USED FOR THE PURPOSE OF MAKING PAYMENTS TO LOCAL TAXING DISTRICTS FOR THE REDUCTION IN MOTOR VEHICLE AD VALOREM TAX REVENUES AS A RESULT OF SUCH CREDIT; TO PROVIDE FOR THE MANNER IN WHICH THE PAYMENTS TO LOCAL TAXING DISTRICTS ARE TO BE MADE; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A CERTAIN AMOUNT OF THE REVENUE GENERATED BY THE SALES TAX ON SALES OF MOTORCYCLES SHALL BE DEPOSITED INTO THE MOTORCYCLE AD VALOREM TAX REDUCTION FUND; TO AMEND SECTION 27-67-31, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT A CERTAIN AMOUNT OF THE USE TAX COLLECTED ON MOTORCYCLES SHALL BE DEPOSITED INTO THE MOTORCYCLE AD VALOREM TAX REDUCTION FUND; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

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  • 14 January 2016443. David Gs
    I purchased my motorcycle to cut fuel consumption and emissions and save money on gas. PLEASE support this bill.
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  • 10 January 2016441. Bernard E
    Please rewrite this bill!
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    Ever hear of taxation without representation???
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    Please support this bill 2017
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    this is unbelieveable
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    please think about us too
  • 17 December 2015421. Betty Ms
    Please pass the bill as it is the only right way to handle the issue.
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Brent McgrathBy:
FoodIn:
Petition target:
Mississippi State Senate - Finance Committee

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