MS HB105

Prohibits municipalities from levying and collecting ad valorem taxes in newly annexed territory until the municipality provides the services listed in the annexation ordinance.

Requires annexation ordinances to describe proposed improvements, the manner and extent of those improvements, the approximate timeline for completion, and the municipal or public services the municipality proposes to render in the annexed territory.

Requires municipalities to state in the annexation ordinance and petition to chancery court that ad valorem taxes cannot be levied or collected until proposed services are actually provided.

Modifies the tax lien date for annexed territory so it does not become subject to municipal ad valorem taxation until after the municipality renders the services described in the annexation ordinance.

Takes effect July 1, 2014.