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MS SB2535

Bill

Official Source

Status

Failed

2/22/2017

Primary Sponsor

John Horhn

Click for details

Origin

Senate

2017 Regular Session

AI Summary

  • Exempts 20% of the assessed value of one motor vehicle owned by a person employed full-time as a classroom teacher by a public school district from ad valorem taxation.

  • Adds this teacher vehicle exemption as subsection (y) to Section 27-51-41 of the Mississippi Code of 1972, which lists existing motor vehicle tax exemptions.

  • Effective date is July 1, 2017.

Legislative Description

Ad valorem taxation; exempt 20% of the assessed value of one motor vehicle owned by a full-time public school classroom teacher.

Last Action

Died In Committee

2/22/2017

Committee Referrals

Finance1/16/2017

Full Bill Text

No bill text available