As Amended
SEC. 27-67-35. Disbursement of revenue collected from fund.
(1) On or before February 15, 1995, and on or before the fifteenth day of each succeeding month thereafter, the revenue collected under the provisions of this chapter imposed and levied as a result of Section 27-65-17 (2) and deposited into the General Fund during the preceding month, shall be disbursed by the State Treasurer to the Motor Vehicle Ad Valorem Tax Reduction Fund created pursuant to Section 27-51-105.
(2) On or before August 15, 1995, and on or before the fifteenth day of each succeeding month thereafter, the revenue collected under the provisions of this chapter imposed and levied as a result of Section 27-65-17 (1) on private carriers of passengers and light carriers of property as defined in Section 27-51-101 and deposited into the General Fund during the preceding month, shall be disbursed by the State Treasurer to the Motor Vehicle Ad Valorem Tax Reduction Fund created pursuant to Section 27-51-105.
SOURCES: Laws, 1994, ch. 563, Sec. 5, eff from and after July 1, 1994
1997 Amendment:
SECTION 3. Section 27-67-35, Mississippi Code of 1972, which provides for certain disbursements to the Motor Vehicle Ad Valorem Tax Reduction Fund after the deposit of certain use tax revenue to the General Fund by the State Tax Commission, is repealed.
SOURCE: 1997 Laws, Chapter 566, Sec. 3, HB1481. Effective July 1, 1997.