Mississippi Legislature

2000 Regular Session

House Bill 351

Instructions Bill Status Menu




Bill Text

History of Actions

Background

Title

Description: Ad valorem tax; impose on nonproducing mineral estates held separately from surface estate.

Bill Text: [Introduced]

History of Actions:

101/12/00(H)Referred To Ways and Means
203/29/00(H)Died In Committee

Background Information:

Effective dateJanuary 1, 2000
DispositionDead
DeadlineRevenue/Appropriation
RevenueYes
3/5ths vote requiredYes

House Committee:

Principal Author: Robinson (84th)

Code Sections: A 027-0031-0085, A 027-0031-0001, RP 027-0031-0073, RP 027-0031-0075

Title: AN ACT TO IMPOSE AN AD VALOREM TAX ON ALL NONPRODUCING MINERAL ESTATES AND LEASEHOLD INTERESTS IN MINERALS OWNED SEPARATELY AND APART FROM THE SURFACE ESTATE; TO PROVIDE THAT WHERE THE TAX BECOMES DELINQUENT THE MINERAL ESTATE OR LEASEHOLD INTEREST SHALL BE SOLD IN THE SAME MANNER AS LANDS ARE SOLD FOR NONPAYMENT OF TAXES; TO AMEND SECTIONS 27-31-85 AND 27-31-1, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; TO REPEAL SECTIONS 27-31-73 AND 27-31-75, MISSISSIPPI CODE OF 1972, WHICH RELATE TO THE EXEMPTION OF NONPRODUCING MINERAL AND LEASEHOLD INTERESTS FROM AD VALOREM TAXES; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 03/29/00 at 15:58.



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