Description: 4% budget increase limitation for school taxes; clarify application to property in school districts affected by Hurricane Katrina.
Bill Text: [Introduced]
History of Actions:
|1||01/15 (S) Referred To Education;Finance|
|2||01/30 (S) Died In Committee|
|Effective date||July 1, 2007|
|Deadline||General Bill/Constitutional Amendment|
|Vote type required||Three/Fifths|
Principal Author: Chaney
Code Section: A 037-0057-0104
Title: AN ACT TO AMEND SECTION 37-57-104, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT PROPERTY LOCATED IN SCHOOL DISTRICTS AFFECTED BY HURRICANE KATRINA IS NOT SUBJECT TO THE 4% BUDGET INCREASE LIMITATION FOR AD VALOREM TAXES IN SUPPORT OF THE SCHOOLS IN THE FIRST YEAR FOLLOWING IMPROVEMENT TO SUCH PROPERTY; AND FOR RELATED PURPOSES.
End Of Document