MS HB169

Reduces the allowable increase in school district ad valorem tax receipts from seven percent (7%) to two percent (2%) annually without voter approval through referendum.

Requires school boards to hold a referendum and obtain majority voter approval to exceed the two percent (2%) increase limitation, with notice and ballot language requirements specified in law.

Changes the voter approval threshold for tax increases exceeding the limitation from three-fifths (3/5) to a simple majority of voters in the referendum.

Eliminates the previous four percent (4%) to seven percent (7%) increase threshold that required notice publication but allowed increases without a referendum if fewer than 20% of electors petitioned for one.

Effective date: July 1, 2019.