MS HB487

Creates the Mississippi Uniform State Tax Lien Registration Act, establishing a centralized electronic tax lien registry maintained by the Department of Revenue to replace county-by-county filing of tax liens for unpaid finally determined tax liabilities.

Tax liens enrolled in the registry attach to all existing and after-acquired real and personal property (tangible and intangible) of the debtor anywhere in Mississippi and remain valid for seven years from enrollment unless released sooner or reenrolled by the department.

Allows the Department of Revenue to issue warrants for collection statewide under the tax lien registry without limitation to specific counties, and permits unlimited reenrollment of expired tax liens at the department's discretion.

Makes filing notices of tax liens for income and franchise tax penalties and interest with circuit clerks optional rather than mandatory, effective January 1, 2015.

Prohibits use of tax lien registry information for survey, marketing, or solicitation purposes, and authorizes the Department of Revenue or Attorney General to seek injunctions and recover costs for unlawful use.