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MS HB478

Bill

Official Source

Status

Failed

2/21/2018

Primary Sponsor

Omeria Scott

Click for details

Origin

House of Representatives

2018 Regular Session

AI Summary

  • Exempts 20% of the assessed value of taxable real property located within municipal corporate limits from ad valorem taxation levied by the county
  • Exemption applies to real property situated within a municipality in the county where the municipality is located
  • Exemption becomes effective January 1, 2019
  • Act takes effect July 1, 2018

Legislative Description

Ad valorem taxes; exempt portion of value of real property located in a municipality from county levy.

Last Action

Died In Committee

2/21/2018

Committee Referrals

Ways and Means1/8/2018

Full Bill Text

No bill text available