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MS HB472
Bill
Status
2/27/2019
Primary Sponsor
Nick Bain
Click for details
AI Summary
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Increases the ad valorem tax exemption for volunteer firefighters' motor vehicles from $100.00 to $150.00 per vehicle, or the amount of taxes due, whichever is less.
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Expands the number of motor vehicles eligible for the exemption from one (1) to two (2) per volunteer firefighter.
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Requires applicants to have at least three (3) consecutive years of active service as a volunteer firefighter before qualifying for the exemption.
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Transfers responsibility for preparing exemption application forms from the State Tax Commission to the Department of Revenue.
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Takes effect July 1, 2019.
Legislative Description
Ad valorem tax; revise exemption that counties may grant on motor vehicles owned by volunteer firefighters.
Last Action
Died In Committee
2/27/2019