MS HB1361

Brings forward Section 25-3-3 of Mississippi Code to establish salary schedules for county tax assessors and tax collectors based on county assessed valuation, ranging from $41,500 to $64,000 annually.

Salaries are tiered into eight categories based on total assessed valuation, with the highest tier ($64,000) for counties with $2 billion or more in assessed valuation and the lowest tier ($41,500) for counties with less than $35 million.

Provides additional annual compensation of $5,000 for persons serving as both tax assessor and tax collector, and $3,500 for counties with two judicial districts or two full-time offices.

Authorizes additional compensation for assessors and tax collectors who obtain professional certifications from the International Association of Assessing Officers or state appraiser licenses, ranging from $1,500 to $8,500 annually depending on credential level.

Takes effect July 1, 2014, and establishes that salaries shall not be reduced due to lower assessed valuations but shall increase with higher valuations.