Bill Text | History of Actions | Background | Title |
Description: Ad valorem taxation; revise method of taxing property annexed by a municipality.
Bill Text: [Introduced]
| 1 | 01/12 (H) Referred To Municipalities;Ways and Means | |
| 2 | 02/21 (H) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
House Committees:
Principal Author: Gunn
Code Section: A 027-0035-0003
Title: AN ACT TO AMEND SECTION 27-35-3, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT WHEN A MUNICIPALITY EXTENDS ITS CORPORATE LIMITS AFTER JANUARY 1, 2008, OR AFTER JANUARY 1 OF ANY YEAR THEREAFTER, THE MUNICIPALITY MAY ASSESS THE ANNEXED PROPERTY AND COLLECT AD VALOREM TAXES FOR THE CURRENT YEAR BASED ON THE RATIO THAT THE NUMBER OF MONTHS REMAINING IN THE CALENDAR YEAR AFTER THE EXTENSION OF CORPORATE LIMITS BEARS TO THE TOTAL NUMBER OF MONTHS IN THE CALENDAR YEAR; AND FOR RELATED PURPOSES.
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2007/html/History/HB/HB0952.htm