MS SB3016 | 2011 | Regular Session
Status
Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 23 2011 - 100% progression
Action: 2011-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 23 2011 - 100% progression
Action: 2011-02-23 - Died In Committee
Text: Latest bill text (Introduced) [HTML]
Summary
An Act To Create The Rental Fairness Act Of 2011; To Exempt Certain Rental Equipment From Ad Valorem Taxation; To Levy A Tax On Persons Engaged In The Business Of Renting Certain Equipment In Lieu Of Ad Valorem Taxes; To Provide That The Proceeds Of The Tax Shall Be Paid To The County Which Is The Situs Of The Equipment And Distributed By The County To The County, Municipality And The School District Of The Situs, As Appropriate, In The Same Manner That Ad Valorem Taxes On The Equipment Would Be Distributed; And For Related Purposes.
Title
Rental equipment; exempt from ad valorem taxation and levy a tax in lieu of ad valorem taxation.
Sponsors
| Sen. Dean Kirby [R] |
History
| Date | Chamber | Action |
|---|---|---|
| 2011-02-23 | Died In Committee | |
| 2011-01-26 | Referred To Finance |
Mississippi State Sources
| Type | Source |
|---|---|
| Summary | https://billstatus.ls.state.ms.us/2011/pdf/history/SB/SB3016.xml |
| Text | https://billstatus.ls.state.ms.us/documents/2011/html/SB/3000-3099/SB3016IN.htm |
