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MS SB3048

Bill

Official Source

Status

Passed

7/3/2020

Primary Sponsor

Josh Harkins

Click for details

Origin

Senate

2020 Regular Session

AI Summary

  • Amends Section 27-31-55 of the Mississippi Code to extend the inventory submission deadline for licensed free port warehouses from March 31, 2020 to July 1, 2020.

  • Allows the extended deadline only if the warehouse failed to submit inventory due to COVID-19-related closures, including required or voluntary business closures, staff furloughs, layoffs, or reductions in operations.

  • Applies to situations where county government offices were also closed due to COVID-19, preventing timely inventory filing.

  • Takes effect upon passage.

Legislative Description

Ad valorem taxes; extend deadline for free port warehouses to submit required inventory to tax assessor due to COVID-19.

Last Action

Approved by Governor

7/3/2020

Committee Referrals

Ways and Means6/23/2020
Finance6/22/2020

Full Bill Text

No bill text available