27-71-29 - Payment of taxes into treasury. - Mississippi Statutes

§ 27-71-29. Payment of taxes into treasury.
 

All taxes levied by this article shall be paid to the state tax commission in cash or by personal check, cashier's check, bank exchange, post-office money order or express money order and shall be deposited by the commission in the state treasury on the same day collected, but no remittances other than cash shall be a final discharge of liability for the tax herein imposed and levied unless and until it has been paid in cash to the state tax commission. 
 

All taxes levied under Section 27-71-7(1) and received by the commission under this article shall be paid into the general fund, and the three percent (3%) levied under Section 27-71-7(2) and received by the commission under this article shall be paid into the special fund in the state treasury designated as the "alcoholism treatment and rehabilitation fund" as required by law. Any funds derived from the sale of alcoholic beverages in excess of inventory requirements shall be paid not less often than annually into the general fund. 
 

Sources: Codes, 1942, § 10265-115; Laws,  1966, ch. 649, § 15; Laws, 1977, ch. 498, § 2; Laws, 1984, ch. 478, § 26, eff from and after July 1, 1984.