HB1813

Mississippi Social Media Tax Act levies tax on social media platforms with active users in Mississippi to fund infrastructure projects.

The Mississippi Social Media Tax Act imposes a tax on social media platforms that serve active users in Mississippi. The tax is calculated at a rate of $7 per active user per tax period. Revenue collected from this tax is deposited into the Social Media Platform Infrastructure Fund. Fifty percent of the fund is allocated to counties based on population, and fifty percent to municipalities based on municipal population. Municipalities and counties can retain up to 5% of their allocation for administrative costs.