2006 Regular Session
By: Senator(s) Kirby, Albritton, Browning, Burton, Butler, Carmichael, Chaney, Dearing, Harden, Horhn, Hyde-Smith, Jackson (11th), Jackson (15th), Jackson (32nd), Jordan, King, Little, Moffatt, Morgan, Nunnelee, Pickering, Robertson, Simmons, Thomas, Walls, White, Wilemon
AN ACT TO PROVIDE THAT 50% OF THE TRUE VALUE OF MOTORCYCLES, MOTOR HOMES AND TRAILERS SHALL BE EXEMPT FROM AD VALOREM TAXATION; TO REPEAL SECTION 27-51-20, MISSISSIPPI CODE OF 1972, WHICH ESTABLISHES CERTAIN CRITERIA FOR MOTOR VEHICLE ASSESSMENT SCHEDULES AND PROVIDES FOR AN EXEMPTION FROM AD VALOREM TAXES UNDER CERTAIN CIRCUMSTANCES; TO AUTHORIZE COUNTY BOARD OF SUPERVISORS TO GRANT AN AD VALOREM TAX EXEMPTION ON ONE MOTOR VEHICLE OWNED BY EACH RESIDENT OF THE COUNTY WHO IS IN ACTIVE SERVICE AS A VOLUNTEER FIRE FIGHTER FOR ANY MUNICIPALITY, COUNTY OR FIRE DISTRICT IN THE STATE IN AN AMOUNT NOT TO EXCEED $100.00 OR THE AMOUNT OF THE AD VALOREM TAXES, WHICHEVER IS THE LESSER; AND FOR RELATED PURPOSES.
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI:
SECTION 1. (1) As used in this section:
(a) "Motorcycle" shall have the meaning ascribed to such term in Section 27-19-3.
(b) "Motor home" means an individually owned private carrier of passengers as defined in Section 27-9-3 whose primary purpose is to provide transportation and human living facilities, including, at a minimum, sleeping facilities, bath and toilet facilities and food storage and preparation facilities.
(c) "Trailer" shall have the meaning ascribed to such term in Section 27-19-3. The term "trailer" shall not include semitrailers as defined in Section 27-19-3.
(2) (a) From and after July 1, 2006, through September 30, 2007, sixty percent (60%) of the true value of all motorcycles, motor homes and trailers upon which the owner is required to pay the annual highway privilege tax levied in Chapter 19, Title 27, Mississippi Code of 1972, shall be exempt from ad valorem taxation.
(b) From and after October 1, 2007, through September 30, 2008, fifty-five percent (55%) of the true value of all motorcycles, motor homes and trailers upon which the owner is required to pay the annual highway privilege tax levied in Chapter 19, Title 27, Mississippi Code of 1972, shall be exempt from ad valorem taxation.
(c) From and after October 1, 2008, fifty percent (50%) of the true value of all motorcycles, motor homes and trailers upon which the owner is required to pay the annual highway privilege tax levied in Chapter 19, Title 27, Mississippi Code of 1972, shall be exempt from ad valorem taxation.
SECTION 2. The board of supervisors of any county is authorized to grant an exemption from motor vehicle ad valorem taxes in the amount of One Hundred Dollars ($100.00) or the amount of ad valorem taxes due, whichever is the lesser amount, on one (1) motor vehicle owned by each resident of the county who is in active service as a volunteer fire fighter for any municipality, county or fire district in the state. To receive the tax exemption, such person must make application, under oath, with the county fire coordinator on a form prepared by the State Tax Commission, and present evidence that he or she is actively serving as a volunteer fire fighter and has continuously served in such capacity for at least three (3) consecutive years before making application for the tax credit under this section. The county fire coordinator shall review all such applications and shall certify to the county tax collector each person whom he determines to qualify for the tax credit. The State Fire Marshal shall promulgate rules and regulations to assist county fire coordinators in defining and prescribing those persons who may qualify for the tax credit under this section as active service volunteer fire fighters.
SECTION 3. Section 27-51-20, Mississippi Code of 1972, which establishes certain criteria for motor vehicle assessment schedules and provides for an exemption from ad valorem taxes under certain circumstances, is repealed.
SECTION 4. This act shall take effect and be in force from and after July 1, 2006.