History of Actions | Background | Title |
Description: Ad valorem tax; authorize municipality and county to grant exemption for certain residential rehabilitation and renovation.
| 1 | 01/06/98 | (H) | Referred To Ways and Means | |
| 2 | 02/25/98 | (H) | Died In Committee |
| Effective date | July 1, 1998 | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Simpson
Code Section: A 027-0031-0050
Title: AN ACT TO AMEND SECTION 27-31-50, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE GOVERNING AUTHORITIES OF ANY MUNICIPALITY AND THE BOARD OF SUPERVISORS OF ANY COUNTY TO ADOPT AN ORDINANCE OR RESOLUTION, AS APPROPRIATE, PROVIDING FOR THE PARTIAL EXEMPTION FROM MUNICIPAL OR COUNTY AD VALOREM TAXATION, AS APPROPRIATE, OF REAL PROPERTY ON WHICH ANY STRUCTURE OR OTHER IMPROVEMENT THAT IS NOT LESS THAN TWENTY-FIVE YEARS OF AGE HAS UNDERGONE SUBSTANTIAL REHABILITATION, RENOVATION OR REPLACEMENT FOR RESIDENTIAL USE; TO REMOVE THE RESTRICTION THAT LIMITED SUCH AUTHORITY TO CERTAIN MUNICIPALITIES IN THE STATE; AND FOR RELATED PURPOSES.
End Of Document
1998/History/HB\HB0100.htm