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MS HB1586
Bill
Status
Failed
2/24/2010
Primary Sponsor
Percy Watson
Click for details
AI Summary
- Exempts pollution control equipment from ad valorem taxation for 10 years from installation date, except for school district property taxes
- Applies to equipment placed in service after July 1, 2010, used by manufacturers or custom processors for industrial purposes
- Defines "pollution control equipment" as devices used exclusively to prevent, control, monitor or reduce air, water, groundwater pollution, or solid/hazardous waste as required by federal or state law or regulation
- Takes effect July 1, 2010
Legislative Description
Ad valorem taxation; exempt pollution control equipment mandated by federal or state law.
Last Action
Died In Committee
2/24/2010
Full Bill Text
No bill text available