MS SB2209 | 2024 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on March 27 2024 - 100% progression
Action: 2024-03-27 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Amend Sections 27-31-101 And 27-31-103, Mississippi Code Of 1972, To Provide That If A Municipality Annexes An Area Already Containing An Enterprise Of A Kind Otherwise Eligible To Receive Discretionary Ad Valorem Tax Exemptions As A New Enterprise, Such Enterprise Shall Be Considered A "new Enterprise" For Purposes Of The Municipality's Authority To Grant The Discretionary Exemptions; To Provide That The Date From Which The Initial Period Of Exemption Begins Shall Be The Effective Date Of The Annexation Of The Area In Which The Enterprise Is Located; To Amend Sections 27-31-104, 27-31-105, 27-31-107 And 27-31-115 Mississippi Code Of 1972, In Conformity Thereto; And For Related Purposes.
Title
Ad valorem taxes; consider annexed business "new enterprise" for purpose of eligibility for certain municipal tax exemptions.
Sponsors
History
| Date | Chamber | Action |
|---|---|---|
| 2024-03-27 | Senate | Died In Committee |
| 2024-02-02 | Senate | Referred To Finance |
Code Citations
| Chapter | Article | Section | Citation Type | Statute Text |
|---|---|---|---|---|
| 27 | 31 | 101 | Amended Code | See Bill Text |
| 27 | 31 | 103 | Amended Code | See Bill Text |
| 27 | 31 | 104 | Amended Code | See Bill Text |
| 27 | 31 | 105 | Amended Code | See Bill Text |
| 27 | 31 | 107 | Amended Code | See Bill Text |
| 27 | 31 | 115 | Amended Code | See Bill Text |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2024/pdf/history/SB/SB2209.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2024/html/SB/2200-2299/SB2209IN.htm |
