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MS SB2096

Bill

Official Source

Status

Failed

3/16/2016

Primary Sponsor

Derrick Simmons

Click for details

Origin

Senate

2016 Regular Session

AI Summary

  • Exempts from all ad valorem (property) taxation any real or personal property used exclusively for housing and providing services to victims of domestic violence or sexual assault

  • Property must be owned, operated, and managed by a nonprofit corporation qualified under Section 501(c)(3) of the Internal Revenue Code to qualify for the exemption

  • Amends Section 27-31-1 of the Mississippi Code of 1972 by adding this as a new exemption category (paragraph mm)

  • Effective date of July 1, 2016

Legislative Description

Ad valorem taxation; exempt property used for housing and providing services to victims of domestic violence and sexual assault.

Last Action

Died In Committee

3/16/2016

Committee Referrals

Finance1/26/2016

Full Bill Text

No bill text available