MS SB2031 | 2010 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 24 2010 - 100% progression
Action: 2010-02-24 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Authorize The Governing Authorities Of Any Municipality To Designate Any Residential Area Within The Corporate Limits Of The Municipality As A Residential Enterprise Zone; To Provide That Residences That Qualify For Homestead Exemption That Are Located In A Residential Enterprise Zone Shall Be Exempt From Ad Valorem Taxation, Except Ad Valorem Taxation For School District Purposes, For A Period Of Not More Than 5 Years From The Date The Area In Which It Is Located Was Designated A Residential Enterprise Zone; To Require Any Person Desiring To Obtain The Exemption Authorized In This Section To File A Written Application Therefor With The Governing Authorities Of The Municipality; And For Related Purposes.

Tracking Information

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Title

Ad valorem taxes; authorize cities to designate areas in which certain residences are exempt from city ad valorem taxes.

Sponsors


History

DateChamberAction
2010-02-24 Died In Committee
2010-01-06 Referred To Finance;Municipalities

Mississippi State Sources


Bill Comments

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