MS HB653 | 2012 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 6 2012 - 100% progression
Action: 2012-03-06 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Sections 27-31-51 And 27-31-53, Mississippi Code Of 1972, To Clarify That Manufacturers Of Personal Property That Maintain Separate Facilities For The Temporary Storage And Handling Of Such Personal Property Pending Transit To A Final Destination Outside The State Of Mississippi Are Eligible For Licensing As A "free Port Warehouse" And That Personal Property That Is Manufactured In The State Of Mississippi And Stored In Such Facilities Pending Transit To A Final Destination Outside The State Of Mississippi, Is Eligible For Exemption From Ad Valorem Taxation; And For Related Purposes.
Title
Free port warehouse law; clarify that manufacturers are eligible for ad valorem tax exemption.
Sponsors
| Rep. Mark Formby [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-03-06 | Died In Committee | |
| 2012-02-20 | Referred To Ways and Means |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2012/pdf/history/HB/HB0653.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2012/html/HB/0600-0699/HB0653IN.htm |
