Sales Tax Diversion Study Committee; create.

HB 1265 creates a 13-member Sales Tax Diversion Study Committee to examine how Mississippi allocates sales tax revenue between the state Department of Revenue and local municipalities. The committee will review current practices, assess financial impacts on municipalities, and recommend reforms for the 2026 legislative session. It must report findings by December 1, 2025, and includes representatives from state agencies, large and small municipalities, and economic organizations. The bill itself does not change tax law but establishes a process to study revenue distribution.