Bill Text | History of Actions | Background | Title |
Description: Homestead exemption; repeal section of law that limits amount of tax loss reimbursement increases or decreases.
Bill Text: [Introduced]
| 1 | 01/04 (H) Referred To Ways and Means | |
| 2 | 01/30 (H) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | General Bill/Constitutional Amendment | |
| Revenue | No | |
| Vote type required | Majority |
House Committee:
Principal Author: Mayo
Additional Authors: Hamilton (6th), Jennings, Mayhall
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 FOR HOMESTEAD EXEMPTION REVENUE LOSSES 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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2007/html/History/HB/HB0442.htm