History of Actions | Background | Title |
Description: Ad valorem taxes; revise manner in which local governments grant exemptions for additions/expansions to certain enterprises.
1 | 01/09/97 | (H) | Referred To Ways and Means | |
2 | 02/04/97 | (H) | Died In Committee |
Effective date | July 1, 1997 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
3/5ths vote required | Yes |
House Committee:
Principal Author: Williams
Code Section: A 027-0031-0105
Title: AN ACT TO AMEND SECTION 27-31-105, MISSISSIPPI CODE OF 1972, TO REVISE THE PROCEDURE BY WHICH APPLICATIONS ARE MADE TO LOCAL GOVERNMENTS FOR AD VALOREM TAX EXEMPTIONS FOR ADDITIONS, EXPANSIONS OR EQUIPMENT REPLACEMENTS MADE WITH REFERENCE TO A NEW ENTERPRISE; TO PROVIDE THAT SUCH EXEMPTIONS MAY BE GRANTED IN CONSECUTIVE PERIODS OF LESS THAN TEN YEARS, NOT TO EXCEED A TOTAL OF TEN YEARS; AND FOR RELATED PURPOSES.
End Of Document
1997/History/HB\HB0849.htm