Imposing an excise tax on each transaction by a money transmitter by wire, establishing an income tax credit for excise taxes paid, allowing the state bank commissioner to assess penalties for the nonpayment of such excise tax, providing for the distribution of such excise tax and penalty moneys, establishing the criminal litigation fund, wire transfer fee fund and prosecutor and law enforcement grant fund and creating a misdemeanor crime of unlawful transmission of a wire transfer and providing criminal penalties therefor.
Money transmission; money transmitter licensure
Provides with respect to a tax on the transmission of money and a tax credit for payment of the tax
Imposes a tax on the transmission of certain money and creates a special fund for the disposition of the avails of the tax (OR +$30,000,000 SD RV See Note)
FINANCIAL REGULATION-VARIOUS
Mississippi Bullion Depository; establish.
Omnibus Commerce appropriations
Mississippi Digital Asset Mining Act; create.