Bill Text | History of Actions | Background | Title |
Description: Property; ad valorem tax; require county to cancel or reduce assessment when property destroyed.
Bill Text: [Introduced]
| 1 | 02/14 (H) Referred To Ways and Means | |
| 2 | 02/22 (H) Died In Committee |
| Effective date | July 1, 2006 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committee:
Principal Author: Eaton
Code Section: A 027-0035-0143
Title: AN ACT TO AMEND SECTION 27-35-143, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT THE BOARD OF SUPERVISORS OF A COUNTY, UPON APPLICATION OF A PROPERTY OWNER, OR BY THE ASSESSOR ON BEHALF OF SUCH PARTY, SHALL CANCEL OR DECREASE AN ASSESSMENT FOR AD VALOREM TAXES WHENEVER AT LEAST FIFTY PERCENT OF PROPERTY SUBJECT TO TAXATION HAS CEASED TO EXIST OR HAS BEEN DESTROYED OR THE PROPERTY HAS DEPRECIATED IN VALUE BY AT LEAST FIFTY PERCENT ON ACCOUNT OF FIRE, EXPLOSION, STORM, FLOOD, EARTHQUAKE, LIGHTNING OR OTHER INEVITABLE ACCIDENT OR ACT OF PROVIDENCE; AND FOR RELATED PURPOSES.
End Of Document
2006/html/History/HB/HB1610.htm