# Miss. Code Ann. § 27-38-7: Miss. Code Ann. § 27-38-7

> Mississippi · Statutes · In force

URL: https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S38-7

## Section

- **Citation:** Miss. Code Ann. § 27-38-7
- **Heading:** Miss. Code Ann. § 27-38-7
- **Jurisdiction:** Mississippi
- **Kind:** Statutes
- **Status:** In force
- **Text as of:** August 14, 2026
- **Source:** Compiled text
- **Location:** MS Code / Title 27 / Chapter 38 / Section 38-7

## Text

(1) There is created in the State Treasury a special fund to be known as the Telecommunications Ad Valorem Tax Reduction Fund, into which shall be deposited the money specified in Section 27-65-75(15) and such other money as the Legislature may provide by appropriation. The money in the fund shall be used to make the payments provided for in Section 27-38-5 .

(2) The Telecommunications Ad Valorem Tax Reduction Fund shall be administered by the State Tax Commission, and money in the fund shall be expended upon appropriation by the Legislature. Unexpended amounts remaining in the fund at the end of the state fiscal year shall not lapse into the State General Fund, and any interest earned on amounts in the fund shall be deposited to the credit of the fund. The State Tax Commission shall make the calculations necessary to make the distributions required pursuant to Section 27-38-5 , and shall make the transfer of unexpended amounts required to be made pursuant to Section 27-38-5 .

## Nearby sections

- [Miss. Code Ann. § 27-38-3 Miss. Code Ann. § 27-38-3](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S38-3.md)
- [Miss. Code Ann. § 27-38-7 Miss. Code Ann. § 27-38-7](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S38-7.md)
- [Miss. Code Ann. § 27-38-9 Miss. Code Ann. § 27-38-9](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S38-9.md)
- [Miss. Code Ann. § 27-39-17 Miss. Code Ann. § 27-39-17](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-17.md)
- [Miss. Code Ann. § 27-39-203 Miss. Code Ann. § 27-39-203](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-203.md)
- [Miss. Code Ann. § 27-39-207 Miss. Code Ann. § 27-39-207](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-207.md)
- [Miss. Code Ann. § 27-39-303 Miss. Code Ann. § 27-39-303](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-303.md)
- [Miss. Code Ann. § 27-39-309 Miss. Code Ann. § 27-39-309](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-309.md)
- [Miss. Code Ann. § 27-39-311.nr2 Miss. Code Ann. § 27-39-311.nr2](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-311.nr2.md)
- [Miss. Code Ann. § 27-39-319 Miss. Code Ann. § 27-39-319](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-319.md)
- [Miss. Code Ann. § 27-39-320 Miss. Code Ann. § 27-39-320](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-320.md)
- [Miss. Code Ann. § 27-39-323 Miss. Code Ann. § 27-39-323](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-323.md)
- [Miss. Code Ann. § 27-39-325 Miss. Code Ann. § 27-39-325](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-325.md)
- [Miss. Code Ann. § 27-39-329 Miss. Code Ann. § 27-39-329](https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S39-329.md)

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Source: Frix Law Library, https://www.frixlaw.com/law-library/statutes/STATE_MS_T27_C38_S38-7. Check the current official text before relying on it. Not legal advice.