Mississippi Legislature
2001 Regular Session

Senate Bill 3005

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Bill Text

History of Actions

Background

Title

Description: Homestead exemption; reimburse cities for entire tax loss resulting from exemption.

Bill Text: [Introduced]

History of Actions:

1 01/15 (S) Referred To Municipalities;Appropriations
2 01/23 (S) DR - TSDP: MU To AP
3 01/30 (S) Died In Committee

Background Information:

Effective dateJanuary 1, 2001
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

Senate Committees:

Principal Author: Jordan

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 01/30/01 at 01:02.

End Of Document
2001/pdf/History/SB/SB3005.htm