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MS SB2343

Bill

Status

Failed

6/3/2020

Primary Sponsor

Derrick Simmons

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Adds property used exclusively for housing and services to victims of domestic violence or sexual assault to Mississippi's ad valorem tax exemption list.

  • Exemption applies only to property owned, operated, and managed by not-for-profit corporations qualified under Section 501(c)(3) of the Internal Revenue Code.

  • Exemption covers all real and personal property meeting the criteria, including buildings, land, and equipment used for these purposes.

  • Effective date is July 1, 2020.

Legislative Description

Ad valorem taxation; exempt property used for housing and providing services to victims of domestic violence and sexual assault.

Last Action

Died In Committee

6/3/2020

Committee Referrals

Finance2/13/2020

Full Bill Text

No bill text available