2021
Regular Session
Ad valorem taxes; consider annexed business "new enterprise" for purposes of eligibility for certain municipal tax exemptions.
AN ACT TO AMEND SECTIONS 27-31-101 AND 27-31-103, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF A MUNICIPALITY ANNEXES AN AREA ALREADY CONTAINING AN ENTERPRISE OF A KIND OTHERWISE ELIGIBLE TO RECEIVE DISCRETIONARY AD VALOREM TAX EXEMPTIONS AS A NEW ENTERPRISE, SUCH ENTERPRISE SHALL BE CONSIDERED A "NEW ENTERPRISE" FOR PURPOSES OF THE MUNICIPALITY'S AUTHORITY TO GRANT THE DISCRETIONARY EXEMPTIONS; TO PROVIDE THAT THE DATE FROM WHICH THE INITIAL PERIOD OF EXEMPTION BEGINS SHALL BE THE EFFECTIVE DATE OF THE ANNEXATION OF THE AREA IN WHICH THE ENTERPRISE IS LOCATED; TO AMEND SECTIONS 27-31-104, 27-31-105, 27-31-107 AND 27-31-115 MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
02/25/21 at 09:47
S
B
2203
Senate Bill 2203
SB 2203
S
Dead
Revenue
Yes
Three/Fifths
Passage
Municipalities
T
../../Senate_cmtes/MU.xml
Finance
F
../../Senate_cmtes/FI.xml
Blackwell
../../Senate_authors/Blackwell.xml
A
../../code_sections/027/00310101.xml
A
../../code_sections/027/00310103.xml
A
../../code_sections/027/00310104.xml
A
../../code_sections/027/00310105.xml
A
../../code_sections/027/00310107.xml
A
../../code_sections/027/00310115.xml
1
01/08 (S) Referred To Municipalities;Finance
2
02/24 (S) Died In Committee
../../../../documents/2021/pdf/SB/2200-2299/SB2203IN.pdf
../../../../documents/2021/dt/SB/2200-2299/SB2203IN.pdf
../../../../documents/2021/html/SB/2200-2299/SB2203IN.htm
../../../../documents/2021/pdf/SB/2200-2299/SB2203IN.pdf
../../../../documents/2021/dt/SB/2200-2299/SB2203IN.pdf
../../../../documents/2021/html/SB/2200-2299/SB2203IN.htm
N
../../../../documents/2021/pdf/fiscalnotes/SB2203.pdf