MS SB2925

Allows corporations or legal entities owning 50 or more rental utility trailers (each with gross vehicle weight of 6,000 pounds or less) to register them as a single fleet for 5 years or any period designated by the Commissioner of Revenue.

Requires fleet applicants to pay a $100 filing fee and submit proof of ad valorem tax payment; Department of Revenue issues one trailer fleet license tag per trailer upon approval and payment of all taxes and fees.

Fleet registrations expire during an anniversary month established by the Commissioner of Revenue; trailers added to a fleet must be registered under these provisions, and removal requires surrender of the license plate to the department.

Department shall issue registration certificates for each trailer and annually issue decals evidencing payment of ad valorem and privilege taxes; fleet trailers are exempt from displaying month and year expiration decals on their license plates.

Effective July 1, 2011; amends sections 27-19-3, 27-19-31, 27-19-43, and 27-19-63 to define "trailer fleet" and establish registration and licensing procedures for rental utility trailer fleets.