Bill Text | History of Actions | Background | Title |
Description: Ad valorem taxation; phase in an exemption on business inventories.
Bill Text: [Introduced]
| 1 | 02/19 (S) Referred To Finance | |
| 2 | 02/21 (S) Died In Committee |
| Effective date | July 1, 2007 | |
| Disposition | Dead | |
| Deadline | Revenue | |
| Revenue | Yes | |
| Vote type required | Three/Fifths |
Senate Committee:
Principal Author: Robertson
Code Sections: A 027-0065-0075, A 027-0007-0022.5
Title: AN ACT TO PHASE IN, OVER A TEN-YEAR PERIOD, AN AD VALOREM TAX EXEMPTION ON COMMODITIES, GOODS, WARES AND MERCHANDISE HELD FOR RESALE BY ANY MANUFACTURER, DISTRIBUTOR OR WHOLESALE OR RETAIL MERCHANT; TO AMEND SECTION 27-65-75, MISSISSIPPI CODE OF 1972, TO PROVIDE FOR A SALES TAX DIVERSION TO COUNTIES; TO AMEND SECTION 27-7-22.5, MISSISSIPPI CODE OF 1972, IN CONFORMITY THERETO; AND FOR RELATED PURPOSES.
End Of Document
2007/html/History/SB/SB3200.htm