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MS HB1600
Bill
Status
2/24/2010
Primary Sponsor
Credell Calhoun
Click for details
AI Summary
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County boards of supervisors and municipal governing authorities may grant ad valorem tax exemptions on homesteads of Mississippi residents serving on active duty in Iraq or Afghanistan as members of the National Guard, Armed Forces, or reserve components
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County exemptions are limited to the lesser of $100 or the total county ad valorem taxes due on the homestead, excluding school district taxes
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Municipal exemptions are limited to the lesser of $50 or the total municipal ad valorem taxes due on the homestead, excluding school district taxes
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Eligible service members must present military orders and a Department of Revenue form to the tax collector to claim the exemption
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Department of Revenue shall adopt rules and regulations to administer the exemption program, effective January 1, 2010
Legislative Description
Ad valorem tax; local governing authorities may grant an exemption on homesteads of certain residents serving in Iraq or Afghanistan.
Last Action
Died In Committee
2/24/2010