Bill Text | History of Actions | Background | Title |
Description: Homestead exemption; repeal Section 27-33-79, which limits amount of reimbursement increases or decreases.
Bill Text: [Introduced]
1 | 01/04 (S) Referred To Finance | |
2 | 01/31 (S) Died In Committee |
Effective date | July 1, 2006 | |
Disposition | Dead | |
Deadline | General Bill/Constitutional Amendment | |
Revenue | No | |
Vote type required | Majority |
Senate Committee:
Principal Author: Davis
Code Section: RP 027-0033-0079
Title: AN ACT TO REPEAL SECTION 27-33-79, MISSISSIPPI CODE OF 1972, WHICH PROVIDES THAT NO TAXING UNIT SHALL BE REIMBURSED MORE THAN 106% OR LESS THAN THE AMOUNT OF THE REIMBURSEMENT MADE TO THE SAME TAXING UNIT FOR THE NEXT PRECEDING YEAR, UNLESS THE REIMBURSEMENT IS REDUCED AS A RESULT OF A REDUCTION IN APPROVED HOMESTEAD APPLICANTS; AND FOR RELATED PURPOSES.
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2006/html/History/SB/SB2022.htm