Mississippi Legislature
2007 Regular Session

House Bill 442

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Bill Text

History of Actions

Background

Title

Description: Homestead exemption; repeal section of law that limits amount of tax loss reimbursement increases or decreases.

Bill Text: [Introduced]

History of Actions:

1 01/04 (H) Referred To Ways and Means
2 01/30 (H) Died In Committee

Background Information:

Effective dateJuly 1, 2007
DispositionDead
DeadlineGeneral Bill/Constitutional Amendment
RevenueNo
Vote type requiredMajority

House Committee:

Principal Author: Mayo

Additional Authors: Hamilton (6th), Jennings, Mayhall

Code Section: RP 027-0033-0079

Title: AN ACT TO REPEAL SECTION 27-33-79, MISSISSIPPI CODE OF 1972, WHICH PROVIDES THAT NO TAXING UNIT SHALL BE REIMBURSED MORE THAN 106% OR LESS THAN THE AMOUNT OF THE REIMBURSEMENT FOR HOMESTEAD EXEMPTION REVENUE LOSSES MADE TO THE SAME TAXING UNIT FOR THE NEXT PRECEDING YEAR, UNLESS THE REIMBURSEMENT IS REDUCED AS A RESULT OF A REDUCTION IN APPROVED HOMESTEAD APPLICANTS; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 01/30/07 at 18:55.

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2007/html/History/HB/HB0442.htm