Bill Text | History of Actions | Background | Title |
Description: Homestead exemption; reimburse cities of 5,000 or less for entire tax loss resulting from exemption.
Bill Text: [Introduced]
| 1 | 01/08 (H) Referred To Appropriations | |
| 2 | 02/05 (H) Died In Committee |
| Effective date | January 1, 2002 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Young
Code Sections: A 027-0033-0077, A 027-0033-0079
Title: AN ACT TO AMEND SECTION 27-33-77, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE TAX LOSSES SUSTAINED BY MUNICIPALITIES WITH A POPULATION OF 5,000 OR LESS AS A RESULT OF HOMESTEAD EXEMPTION AND THE AD VALOREM TAX EXEMPTION FOR PERSONS 65 YEARS OF AGE OR OLDER OR WHO ARE TOTALLY DISABLED SHALL BE REIMBURSED UP TO THE AMOUNT OF THE ACTUAL EXEMPTION ALLOWED; TO AMEND SECTION 27-33-79, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
End Of Document
2002/html/History/HB/HB0126.htm