MISSISSIPPI LEGISLATURE

1999 Regular Session

To: Ways and Means

By: Representative Flaggs

AN ACT TO EXEMPT FROM AD VALOREM TAXATION BED AND BREAKFAST INNS AND TOUR HOMES LISTED ON THE NATIONAL REGISTER OF HISTORIC PLACES, DESIGNATED AS A MISSISSIPPI LANDMARK UNDER THE ANTIQUITIES LAW OF MISSISSIPPI, OR LISTED AS A LANDMARK OR HISTORICAL PLACE BY A LOCAL HISTORICAL DISTRICT; AND FOR RELATED PURPOSES.

BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:

SECTION 1. Any bed and breakfast inn or tour home listed on the National Register of Historic Places, designated as a Mississippi landmark under the Antiquities Law of Mississippi, or listed as a landmark or historical place by a local historical district, which property is open for tour by the general public at least one hundred eighty (180) days per year or open for overnight room rental by guests for at least one hundred eighty (180) days per year, or both, shall be exempt from ad valorem taxation. For the purposes of this section, the term "bed and breakfast inn" means an owner-operated establishment, located in a structure formerly used as a single-family residence, where in consideration of payment meals and overnight lodging are offered to guests, is involved in the daily operations of the establishment.

SECTION 2. Nothing in this act shall affect or defeat any claim, assessment, appeal, suit, right or cause of action for taxes due or accrued under the ad valorem tax laws before the date on which this act becomes effective, whether such claims, assessments, appeals, suits or actions have been begun before the date on which this act becomes effective or are begun thereafter; and the provisions of the ad valorem tax laws are expressly continued in full force, effect and operation for the purpose of the assessment, collection and enrollment of liens for any taxes due or accrued and the execution of any warrant under such laws before the date on which this act becomes effective, and for the imposition of any penalties, forfeitures or claims for failure to comply with such laws.

SECTION 3. This act shall take effect and be in force from and after January 1, 2000.