History of Actions | Background | Title |
Description: Ad valorem taxation; exempt business inventories from ad valorem taxation.
1 | 01/08/99 | (S) | Referred To Finance | |
2 | 02/24/99 | (S) | Died In Committee |
Effective date | October 1, 1999 | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
Senate Committee:
Principal Author: Cuevas
Code Section: A 027-0007-0022.5
Title: AN ACT TO EXEMPT FROM AD VALOREM TAXATION ALL COMMODITIES, GOODS, WARES AND MERCHANDISE HELD FOR RESALE BY ANY MANUFACTURER, DISTRIBUTOR OR WHOLESALE OR RETAIL MERCHANT; TO AMEND SECTION 27-7-22.5, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
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