Mississippi Legislature
2005 Regular Session

House Bill 1721

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Bill Text

History of Actions

Background

Title

Description: Ad valorem tax; authorize municipalities to defer for certain small businesses making capital investments.

Bill Text: [Introduced]

History of Actions:

1 02/22 (H) Referred To Ways and Means
2 02/23 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2005
DispositionDead
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths

House Committee:

Principal Author: Compretta

Additional Author: Davis

Code Section: A 027-0041-0001

Title: AN ACT TO AUTHORIZE THE GOVERNING AUTHORITIES OF ANY MUNICIPALITY, IN THEIR DISCRETION, TO DEFER FOR A PERIOD OF UP TO THREE YEARS AD VALOREM TAX ON REAL PROPERTY AND/OR INVENTORY LEVIED UPON ANY NEW CAPITAL INVESTMENTS IN LAND, BUILDINGS OR DEPRECIABLE FIXED ASSETS AND IMPROVEMENTS WITHIN THE MUNICIPALITY MADE BY CERTAIN SMALL BUSINESSES OR ENTITIES MEETING CERTAIN NEW INVESTMENT AND EMPLOYMENT CRITERIA; TO AMEND SECTION 27-41-1, MISSISSIPPI CODE OF 1972, IN CONFORMITY WITH THE PROVISIONS OF THIS ACT; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 02/23/05 at 16:04.

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2005/pdf/History/HB/HB1721.htm