Bill Text | History of Actions | Background | Title |
Description: Ad valorem tax; clarify required age of rehabilitated or renovated structures on real property municipalities may partially exempt.
Bill Text: [Introduced]
| 1 | 01/15 (H) Referred To Ways and Means | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2001 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Watson
Code Section: A 027-0031-0050
Title: AN ACT TO AMEND SECTION 27-31-50, MISSISSIPPI CODE OF 1972, TO CLARIFY THAT STRUCTURES OR OTHER IMPROVEMENTS THAT HAVE UNDERGONE REHABILITATION, RENOVATION OR REPLACEMENT FOR RESIDENTIAL USE MUST BE NOT LESS THAN 25 YEARS OF AGE IN ORDER FOR A MUNICIPALITY TO PROVIDE A PARTIAL AD VALOREM TAX EXEMPTION FOR THE REAL PROPERTY ON WHICH SUCH A STRUCTURE OR OTHER IMPROVEMENT IS LOCATED; AND FOR RELATED PURPOSES.
End Of Document
2001/html/History/HB/HB1466.htm