1998 Regular Session
To: Ways and Means; County Affairs
By: Representative Martinson
House Bill 1677
AN ACT TO AUTHORIZE THE BOARD OF SUPERVISORS OF ANY COUNTY TO EXEMPT FROM AD VALOREM TAXATION THE PERSONAL PROPERTY OF ANY TAXPAYER IF THE BOARD OF SUPERVISORS FINDS THAT THE COST OF COLLECTING THE TAX EXCEEDS THE REVENUE COLLECTED FROM THE TAX; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. (1) The board of supervisors of any county may, in their discretion and upon the application of the taxpayer, annually exempt from all ad valorem taxation the personal property owned by such taxpayer if the board of supervisors finds that the cost of collecting the tax exceeds the revenue collected from the tax.
(2) Any taxpayer desiring to obtain the exemption authorized by this section shall first file a written application therefor with the board of supervisors of the county containing such information as the board of supervisors may require. Any exemption granted by the board of supervisors pursuant to this section shall be valid for one (1) calendar year but may be renewed annually upon application of the taxpayer.
SECTION 2. Nothing in this act shall affect or defeat any claim, assessment, appeal, suit, right or cause of action for taxes due or accrued under the ad valorem tax laws before the date on which this act becomes effective, whether such claims, assessments, appeals, suits or actions have been begun before the date on which this act becomes effective or are begun thereafter; and the provisions of the ad valorem tax laws are expressly continued in full force, effect and operation for the purpose of the assessment, collection and enrollment of liens for any taxes due or accrued and the execution of any warrant under such laws before the date on which this act becomes effective, and for the imposition of any penalties, forfeitures or claims for failure to comply with such laws.
SECTION 3. This act shall take effect and be in force from and after July 1, 1998.