Mississippi Legislature
2002 Regular Session

House Bill 1266

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Bill Text

History of Actions

Amendments

Background

Title

Description: Ad valorem tax; provide that certain exemptions under Mississippi Business Financing Act require approval by local taxing authority before becoming effective.

Bill Text: [Introduced] [Passed House] [Sent to Governor]

History of Actions:

1 01/21 (H) Referred To Ways and Means
2 02/21 (H) Title Suff Do Pass
3 02/22 (H) Passed
4 02/25 (H) Transmitted To Senate
5 02/25 (S) Referred To Finance
6 03/14 (S) Title Suff Do Pass As Amended
7 03/19 (S) Amended
8 03/19 (S) Passed As Amended
9 03/20 (S) Returned For Concurrence
10 03/21 (H) Concurred in Amend From Senate
11 03/25 (H) Enrolled Bill Signed
12 03/26 (S) Enrolled Bill Signed
13 04/01 Approved by Governor

Amendments:

Adopted [S] Amendment No 1

Background Information:

Effective dateJuly 1, 2002
DispositionLaw
DeadlineRevenue
RevenueYes
Vote type requiredThree/Fifths
Chapter number498

House Committee:

Senate Committee:

Principal Author: Reynolds

Code Sections: A 057-0010-0255, A 027-0035-0119

Title: AN ACT TO AMEND SECTION 57-10-255, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT CERTAIN AD VALOREM TAX EXEMPTIONS PROVIDED UNDER THE MISSISSIPPI BUSINESS FINANCING ACT MUST BE APPROVED BY THE APPROPRIATE LOCAL TAXING AUTHORITY BEFORE BECOMING EFFECTIVE; TO AMEND SECTION 27-35-119, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE CLERK OF THE BOARD OF SUPERVISORS SHALL MAIL NOTICE OF THE ADJOURNMENT OF THE MEETING AT WHICH FINAL APPROVAL OF THE ROLL BY THE STATE TAX COMMISSION IS ENTERED TO ANY TAXPAYER WHO OBJECTS TO AN ASSESSMENT; TO PROVIDE THAT SUCH NOTICE SHALL BE ACCOMPANIED BY AN AFFIDAVIT FROM THE CLERK STATING THE DATE UPON WHICH THE NOTICE WAS MAILED; TO PROVIDE THAT TAXPAYERS AGGRIEVED AT THE ACTION OF THE BOARD OF SUPERVISORS IN EQUALIZING ASSESSMENTS SHALL HAVE THE RIGHT TO APPEAL THE DECISION WITHIN 20 DAYS AFTER SUCH NOTICE IS MAILED; AND FOR RELATED PURPOSES.


Information pertaining to this measure was last updated on 04/01/02 at 00:01.

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