Mississippi Legislature
2003 Regular Session

House Bill 1480

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Bill Text

History of Actions

Background

Title

Description: Ad valorem taxation; create 10% cap on increase in assessed value of agricultural property and commercial poultry houses.

Bill Text: [Introduced]

History of Actions:

1 01/31 (H) Referred To Ways and Means
2 02/26 (H) Died In Committee

Background Information:

Effective dateJanuary 1, 2004
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Eaton

Title: AN ACT TO PROVIDE THAT THE ASSESSED VALUE OF AGRICULTURAL PROPERTY OR PROPERTY USED FOR OR IN ASSOCIATION WITH COMMERCIAL POULTRY HOUSES MAY NOT BE INCREASED MORE THAN 10% ABOVE THE ASSESSED VALUE OF THE PROPERTY FOR THE NEXT PRECEDING YEAR FOR PURPOSES OF AD VALOREM TAXATION; TO GRANT AN EXEMPTION FROM AD VALOREM TAXES IN THE AMOUNT OF THE DIFFERENCE BETWEEN THE ASSESSMENT OF AGRICULTURAL PROPERTY OR PROPERTY USED FOR OR IN ASSOCIATION WITH COMMERCIAL POULTRY HOUSES AT TRUE VALUE AND THE ASSESSMENT SUBJECT TO THE 10% LIMITATION; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/26/03 at 16:02.

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2003/html/History/HB/HB1480.htm