MS SB2372

Amends Mississippi Code Section 27-31-1 to add a new tax exemption for property used exclusively for housing and providing services to victims of domestic violence or sexual assault.

The exemption applies to both real and personal property owned, operated, and managed by not-for-profit corporations qualified under Section 501(c)(3) of the Internal Revenue Code.

Property meeting these criteria becomes exempt from ad valorem taxation, including school, city, and county ad valorem taxes.

The exemption takes effect July 1, 2019.