Mississippi Legislature

1998 Regular Session

House Bill 1545

[Introduced]

Instructions Bill Status Menu





History of Actions

Background

Title

Description: Homestead exemption; reimburse municipalities for entire tax loss (MA).

History of Actions:

101/19/98(H)Referred To Appropriations
202/03/98(H)Died In Committee

Background Information:

Effective dateJanuary 1, 1999
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
3/5ths vote requiredNo

House Committee:

Principal Author: Watson

Code Sections: A 027-0033-0077, A 027-0033-0079

Title: AN ACT TO AMEND SECTION 27-33-77, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE TAX LOSSES SUSTAINED BY MUNICIPALITIES AS A RESULT OF HOMESTEAD EXEMPTION AND THE AD VALOREM TAX EXEMPTION FOR PERSONS 65 YEARS OF AGE OR OLDER OR WHO ARE TOTALLY DISABLED, SHALL BE REIMBURSED UP TO THE AMOUNT OF THE ACTUAL EXEMPTION ALLOWED; TO AMEND SECTION 27-33-79, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/03/98 at 18:29.



End Of Document

1998/History/HB\HB1545.htm