MS HB71

Amends Mississippi Code to allow levying authorities for municipal separate school districts and special municipal separate school districts to approve or disapprove school board requests for tax increases of up to 7 percent, in full or in part, at their discretion.

For other school districts, maintains existing requirements that tax increases between 4 and 7 percent must be approved by referendum if requested by petition of at least 20 percent or 1,500 registered electors, whichever is less.

Exempts from the 7 percent tax increase limitation any increases required as local contributions to the Mississippi Adequate Education Program as certified by the State Board of Education.

Maintains existing exemptions from millage limitations for school bonds, property leases, lease-purchase agreements, and other specified purposes.

Effective July 1, 2018.