History of Actions | Background | Title |
Description: Ad valorem taxes; provide that certain exemptions do not apply to certain local and private tax.
| 1 | 02/22/99 | (H) | Referred To Ways and Means | |
| 2 | 02/24/99 | (H) | Died In Committee |
| Effective date | Passage | |
| Disposition | Dead | |
| Deadline | Revenue/Appropriation | |
| Revenue | Yes | |
| 3/5ths vote required | Yes |
House Committee:
Principal Author: Wells-Smith
Additional Author: Endt
Code Sections: A 027-0031-0034, A 027-0031-0101, A 027-0031-0105
Title: AN ACT TO AMEND SECTION 27-31-34, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE AD VALOREM TAX EXEMPTION FOR POSSESSORY AND LEASEHOLD INTERESTS OF LESSEES UNDER CERTAIN LEASE CONTRACTS, LEASES OR LEASEHOLDS SHALL NOT APPLY TO ANY AD VALOREM TAX LEVIED UNDER CHAPTER 614, LOCAL AND PRIVATE LAWS OF 1960; TO AMEND SECTIONS 27-31-101 AND 27-31-105, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT FROM AND AFTER JANUARY 1, 2000, A COUNTY MAY NOT EXEMPT NEW ENTERPRISES OR ADDITIONS TO OR EXPANSIONS OF SUCH ENTERPRISES FROM ANY AD VALOREM TAX LEVIED UNDER CHAPTER 614, LOCAL AND PRIVATE LAWS OF 1960; AND FOR RELATED PURPOSES.
End Of Document
1999\html\History/HB\HB1674.htm