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MS SB2940
Bill
Status
Failed
2/26/2014
Primary Sponsor
Haskins Montgomery
Click for details
AI Summary
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Amends Section 27-31-1 of Mississippi Code to add a new exemption from ad valorem taxation for leases granting hunting and/or fishing privileges on sixteenth section school lands.
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The exemption applies to all leases, sublease agreements, and leasehold interests that provide hunting and/or fishing rights on these school lands.
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Effective date is July 1, 2014.
Legislative Description
Ad valorem taxation; exempt hunting and/or fishing leases on sixteenth section lands.
Last Action
Died In Committee
2/26/2014
Committee Referrals
Finance2/10/2014
Full Bill Text
No bill text available