MS SB3004 | 2018 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 17-21-5, Mississippi Code Of 1972, To Reduce To 20,000 The Minimum Population According To The Latest Federal Decennial Census That A Municipality Must Have To Grant An Ad Valorem Tax Exemption For Privately Owned New Structures And Any New Renovations Of And Improvements To Existing Structures Lying Within A Designated Business Improvement District, Urban Renewal District Or Redevelopment District, As Determined By The Municipality; To Amend Section 27-31-31, Mississippi Code Of 1972, To Authorize A Municipality To Grant Ad Valorem Tax Exemptions For New Structures Or Improvements To Or Renovations Of Existing Structures Located In Residential Renewal Districts, As Designated By The Municipality; To Amend Section 27-31-32, Mississippi Code Of 1972, To Authorize A Municipality To Grant Ad Valorem Tax Exemptions For Improvements To Or Renovations Of Existing Residential Structures Or Existing Structures Converted For Residential Use That Are Located In Residential Renovation Districts, As Designated By The Municipality; And For Related Purposes.

Tracking Information

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Title

Ad valorem tax exemption; expand certain ad valorem tax exemptions that municipalities are authorized to grant.

Sponsors


History

DateChamberAction
2018-02-21SenateDied In Committee
2018-02-09SenateReferred To Finance

Mississippi State Sources


Bill Comments

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