Mississippi 2025 Regular Session

Mississippi House Bill HB596

Introduced
1/15/25  
Refer
1/15/25  

Caption

Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.

Impact

The implementation of HB 596 will significantly affect state law regarding how sales tax revenues are distributed. By earmarking a specific amount of sales tax revenue to the Mississippi Outdoor Stewardship Trust Fund, the bill seeks to generate stable funding for projects that focus on environmental conservation and outdoor stewardship. This will enhance the state's efforts in managing its natural resources and improving outdoor recreational opportunities for citizens, potentially benefiting both residents and tourists alike.

Summary

House Bill 596 aims to amend Section 27-65-75 of the Mississippi Code of 1972 by allocating a portion of the state sales tax revenue from businesses classified under a specific North American Industry Classification System (NAICS) code into the Mississippi Outdoor Stewardship Trust Fund. This fund is designated for promoting outdoor recreation and conservation initiatives across the state. The proposed legislation intends to ensure that funds from relevant sales support efforts aimed at preserving Mississippi's natural resources and enhancing public recreational areas.

Contention

Discussions around HB 596 raised concerns regarding the long-term implications of diverting sales tax revenue from the general fund to a specific trust fund. Some lawmakers expressed apprehensions about the potential financial impact on state budgets, particularly in how these changes could affect future allocations for other essential programs. However, proponents argue that investing in the environment and outdoor recreation can lead to increased tourism and economic benefits, thus ultimately providing a return on investment that justifies the reallocation of sales tax funds.

Companion Bills

No companion bills found.

Previously Filed As

MS HB999

Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.

MS HB733

Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.

MS HB1066

Mississippi Outdoor Stewardship Trust Fund; remove requirement that projects that acquire property shall not be considered until July 1, 2024.

MS HB1656

Sales tax; divert portion of revenue from certain business activities in Marshall County to the county.

MS HB973

Sales tax; divert certain sales tax revenue to special fund for state park improvements.

MS SB2914

Use tax and gaming license fees; deposit portions into 2022 Capacity Project Fund and 2022 Maintenance Project Fund.

MS SB2911

Sales tax revenue; divert 2% from activities at Coast Coliseum and State Fairgrounds for repairs to those entities.

MS SB2908

Sales tax revenue; increase diversion to municipalities from 18.5% to 19.5%, and create 10% diversion to counties.

MS SB2852

Sales tax revenue generated in municipal historical hamlets; direct counties to allocate for benefit of such hamlets.

MS SB2571

State Highway Fund; provide annual income tax and monthly sales and use tax distributions to.

Similar Bills

MS HB999

Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.

MS HB733

Sales tax; deposit portion of revenue into the Mississippi Outdoor Stewardship Trust Fund.

MS HB1066

Mississippi Outdoor Stewardship Trust Fund; remove requirement that projects that acquire property shall not be considered until July 1, 2024.

MS HB1064

Mississippi Outdoor Stewardship Trust Fund; create.

MS HB606

Mississippi Outdoor Stewardship Trust Fund; create.

MS SB2495

Mississippi Outdoor Stewardship Trust Fund; create.

MS HB1471

2025 Construction Training Assistance Fund; create and provide funding for.

MS HB1628

"MS Student Funding Formula"; clarify provision that requires deposit of certain tax revenue into the Education Enhancement Fund does not repeal.