MS SB2953

Exempts pollution control equipment purchased after July 1, 2014 by manufacturers or custom processors from ad valorem (property) taxation for 10 years, except taxes for school district purposes

Defines "pollution control equipment" as equipment, devices, machinery, or systems used exclusively and directly to prevent, control, monitor, or reduce air, water, groundwater pollution, or solid/hazardous waste as required by federal or state law

Requires taxpayers to submit a written exemption application to the county board of supervisors or municipal governing authorities by June 1 of the year following equipment acquisition

Applications must include certification from the Mississippi Department of Revenue granting sales tax exemption and a complete description of the equipment

Effective date of July 1, 2014