Mississippi petroleum tax bonds.
From $100.
The bond the Mississippi Department of Revenue can require from a petroleum distributor as a financial guarantee for the fuel taxes it collects — gasoline, special fuel, lubricating oil, and compressed gas. The Department sets the amount; pricing is variable and starts from $100, with your exact price shown at the application. No credit check up to $10,000.
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How much does a Mississippi petroleum tax bond cost?
0.75% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No underwriting queue for the standard petroleum tax bond — enter your amount, pay, and file with the Department of Revenue. Here is the whole thing:
Apply online
Your business details, the bond amount the Department required, and the effective date — that is the application.
Issued on the spot
No credit check up to $10,000. Above $10,000, a soft pull may add a short review.
File with the Department of Revenue
Submit the executed bond with your petroleum distributor permit. Wet-ink originals mailed whenever the Department insists on them.
What it is and who needs it.
What the petroleum tax bond actually covers
Mississippi licenses petroleum distributors through the Department of Revenue. Under the fuel-tax laws — chiefly Miss. Code §27-55-7 (gasoline) and §27-59-7 (special fuel, lubricating oil, and compressed gas) — the Department can require a distributor to post a surety bond before issuing or continuing a permit.
The bond is payable to the State of Mississippi and guarantees that the distributor pays the fuel taxes, interest, penalties, and fees it owes. The statutes let the Department size the bond to the applicant — sources commonly cite a range from $1,000 up, with the exact figure set on your permit or notice. A cash bond is allowed in lieu of surety.
It is not insurance for you. If the surety pays the state on unremitted tax, you repay the surety. Distributors who file and remit on time treat the bond as a permit formality — pricing is 0.75% of the amount the Department set, $100 minimum, with your exact price shown at the application.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the Department of Revenue. Submit the executed bond with your petroleum distributor permit. Wet-ink originals mailed whenever the Department insists on them.
What sets the price
The premium is 0.75% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $10,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued on the spot.
Submit the application with the bond amount the Department of Revenue set — the executed bond is generated instantly, ready to file.
Start the application →Common questions.
Other Mississippi bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Petroleum tax bond, issued today.
Pricing from $100. Enter the amount the Department set and file the same day.