MS HB1347

Amends Section 27-77-7, Mississippi Code of 1972, to change the standard of review for chancery court appeals from Board of Tax Appeals decisions.

Changes the standard from "deference" to "consideration" when reviewing Department of Revenue regulations, and requires de novo review both as to scope and standard of review.

Maintains the 60-day filing deadline for petitions to chancery court and the requirement for surety bonds or payment under protest for taxpayers appealing tax assessments.

Requires taxpayers claiming overpayment refunds to prove by preponderance of evidence they alone bore the tax burden and did not collect it from others.

Takes effect July 1, 2014.