MS SB2124

Authorizes county boards of supervisors and municipal governing authorities to grant ad valorem tax exemptions on one motor vehicle owned by Mississippi residents serving on active duty and receiving special pay for duty subject to hostile fire or imminent danger under 37 USC 310.

County exemptions limited to the lesser of $100 or the actual ad valorem taxes due on one vehicle for the license tag registration year or portion thereof during active duty service.

Municipal exemptions limited to the lesser of $50 or the actual ad valorem taxes due on one vehicle for the license tag registration year or portion thereof during active duty service.

Exemptions apply to county and municipal taxes only and exclude school district ad valorem taxes.

Section repealed September 30, 2015; act effective July 1, 2012.