MISSISSIPPI LEGISLATURE
2025 Regular Session
To: Marine Resources; Ways and Means
By: Representative Anderson (122nd)
AN ACT TO AMEND SECTION 29-15-11, MISSISSIPPI CODE OF 1972, TO EXEMPT CERTAIN LEASES OR SUBLEASES GRANTED BY THE DEPARTMENT OF MARINE RESOURCES FROM COUNTY OR MUNICIPAL TAX LEVIES UPON THE LEASEHOLD INTERESTS; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. Section 29-15-11, Mississippi Code of 1972, is amended as follows:
29-15-11. (1) Except as provided in subsection (2) of this section, upon the proper authorized leasing of any state public trust tidelands, or submerged lands, the lessee shall be responsible for any county or municipal tax levy upon the leasehold interest.
(2) Any leases and/or subleases granted by or through the Department of Marine Resources under the provisions of Sections 49-15-27, 49-15-37 or 49-15-46 shall be exempt from any county or municipal tax levy upon the leasehold interests.
SECTION 2. This act shall take effect and be in force from and after its passage.