Bill Text | History of Actions | Background | Title |
Description: Ad valorem tax; impose on nonproducing mineral estates held separately from surface estate.
Bill Text: [Introduced]
1 | 01/12/00 | (H) | Referred To Ways and Means | |
2 | 03/29/00 | (H) | Died In Committee |
Effective date | January 1, 2000 | |
Disposition | Dead | |
Deadline | Revenue/Appropriation | |
Revenue | Yes | |
3/5ths vote required | Yes |
House Committee:
Principal Author: Robinson (84th)
Code Sections: A 027-0031-0085, A 027-0031-0001, RP 027-0031-0073, RP 027-0031-0075
Title: AN ACT TO IMPOSE AN AD VALOREM TAX ON ALL NONPRODUCING MINERAL ESTATES AND LEASEHOLD INTERESTS IN MINERALS OWNED SEPARATELY AND APART FROM THE SURFACE ESTATE; TO PROVIDE THAT WHERE THE TAX BECOMES DELINQUENT THE MINERAL ESTATE OR LEASEHOLD INTEREST SHALL BE SOLD IN THE SAME MANNER AS LANDS ARE SOLD FOR NONPAYMENT OF TAXES; TO AMEND SECTIONS 27-31-85 AND 27-31-1, MISSISSIPPI CODE OF 1972, IN CONFORMITY TO THE PROVISIONS OF THIS ACT; TO REPEAL SECTIONS 27-31-73 AND 27-31-75, MISSISSIPPI CODE OF 1972, WHICH RELATE TO THE EXEMPTION OF NONPRODUCING MINERAL AND LEASEHOLD INTERESTS FROM AD VALOREM TAXES; AND FOR RELATED PURPOSES.
End Of Document
2000/html/History/HB/HB0351.htm