MS HB655

Provides an ad valorem tax and privilege tax exemption for one motor vehicle owned by a person serving as a member of the Armed Forces of the United States in active duty status.

Exempted vehicle may be registered annually for $1.00 total cost regardless of make or model, with registration commencing the first day of the month application is made.

Applicant must present proof of active duty status at time of application or renewal registration and proof of vehicle ownership; exemption is non-transferable to other persons.

Exemption applies only to private passenger motor vehicles or pickup trucks owned by legal residents of Mississippi.

Establishes criminal penalties of not less than $1,000 fine or 90 days county jail imprisonment for anyone evading the provision or attempting to secure benefits they are not entitled to; effective July 1, 2020.