MS SB2326

Amends Section 11-51-77 of Mississippi Code to establish appeal bond requirements for taxpayers challenging tax assessment decisions by boards of supervisors or municipal authorities.

Sets appeal bond amount at not less than $100.00 and not more than $10,000.00 (previously had no stated maximum).

Requires appeals to be filed within 10 days of the adjournment of the meeting where the tax assessment decision was made.

Provides that if the appeal is decided against the taxpayer, judgment on the bond shall include 10% damages on the amount in controversy plus all costs; if decided in favor of the taxpayer, the municipality must pay costs.

Takes effect July 1, 2012.