History of Actions | Background | Title |
Description: Ad valorem taxes; revise how often tax assessors must determine true value and STC must conduct assessment/ratio studies.
| 1 | 01/20/97 | (H) | Referred To Ways and Means | |
| 2 | 02/04/97 | (H) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| 3/5ths vote required | No |
House Committee:
Principal Author: Miles
Additional Authors: Eaton, Bowles, Franks, Hamilton, Gibbs, Huskey
Code Sections: A 027-0035-0050, A 027-0035-0113
Title: AN ACT TO AMEND SECTION 27-35-50, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT COUNTY TAX ASSESSORS SHALL DETERMINE ONCE EVERY FIVE YEARS, RATHER THAN ANNUALLY, THE TRUE VALUE OF CLASS I AND CLASS II PROPERTY IN THEIR COUNTIES; TO PROVIDE THAT COUNTY TAX ASSESSORS SHALL DETERMINE ONCE EVERY FOUR YEARS, RATHER THAN ANNUALLY, THE TRUE VALUE OF CLASS III PROPERTY IN THEIR COUNTIES; TO AMEND SECTION 27-35-113, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE STATE TAX COMMISSION SHALL CONDUCT ONCE EVERY FIVE YEARS, RATHER THAN ANNUALLY, WITH REGARD TO CLASS I AND CLASS II PROPERTY, ASSESSMENT/RATIO STUDIES OF EACH COUNTY OR USE OTHER MEANS TO DETERMINE IF EACH COUNTY'S ASSESSMENT RECORDS COMPLY WITH ACCEPTABLE PERFORMANCE STANDARDS; TO PROVIDE THAT THE STATE TAX COMMISSION SHALL CONDUCT ONCE EVERY FOUR YEARS, RATHER THAN ANNUALLY, WITH REGARD TO CLASS III PROPERTY, ASSESSMENT/RATIO STUDIES OF EACH COUNTY OR USE OTHER MEANS TO DETERMINE IF EACH COUNTY'S ASSESSMENT RECORDS COMPLY WITH ACCEPTABLE PERFORMANCE STANDARDS; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB1575.htm