Mississippi Legislature
2002 Regular Session

House Bill 126

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Bill Text

History of Actions

Background

Title

Description: Homestead exemption; reimburse cities of 5,000 or less for entire tax loss resulting from exemption.

Bill Text: [Introduced]

History of Actions:

1 01/08 (H) Referred To Appropriations
2 02/05 (H) Died In Committee

Background Information:

Effective dateJanuary 1, 2002
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Young

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 WITH A POPULATION OF 5,000 OR LESS 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 02/05/02 at 17:41.

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2002/html/History/HB/HB0126.htm