MS SB2305 | 2020 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 3 2020 - 100% progression
Action: 2020-06-03 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on June 3 2020 - 100% progression
Action: 2020-06-03 - 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 purposes of eligibility for certain municipal tax exemptions.
Sponsors
History
Date | Chamber | Action |
---|---|---|
2020-06-03 | Senate | Died In Committee |
2020-02-07 | Senate | Referred To Municipalities;Finance |
Mississippi State Sources
Type | Source |
---|---|
Summary | https://billstatus.ls.state.ms.us/2020/pdf/history/SB/SB2305.xml |
Text | https://billstatus.ls.state.ms.us/documents/2020/html/SB/2300-2399/SB2305IN.htm |