MS SB2674

Creates the Mississippi Uniform State Tax Lien Registration and Enforcement Act to establish a centralized statewide system for filing tax lien notices with the Secretary of State for unpaid, finally determined tax liabilities administered by the Department of Revenue.

Tax liens filed with the Secretary of State attach to all existing and after-acquired real and personal property (tangible and intangible) of the debtor throughout Mississippi and remain valid for 7 years from enrollment date, with unlimited opportunities for reenrollment before expiration.

Sets filing fees at $2.00 for enrollment, $2.00 for reenrollment, and $1.00 for release of tax liens, to be paid by the Department of Revenue from its appropriated funds and included in the total amount owed by the debtor.

Perfected tax liens serve as authority for issuance of writs of execution, attachment, and garnishment, as well as for collection warrants covering salaries, compensation, and other property subject to levy statewide.

Amends income tax (Section 27-7-55) and franchise tax (Section 27-13-29) provisions to make filing tax lien notices with county circuit clerks optional rather than mandatory, effective July 1, 2012.