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MS SB2518
Bill
AI Summary
- One motor vehicle owned by a state-licensed teacher employed in a public school district designated by the State Board of Education as having a critical teacher shortage would be fully exempt from ad valorem taxation
- State-licensed teachers employed by public school districts outside critical shortage areas would receive a 50% discount on ad valorem taxes for one motor vehicle
- The exemption applies only to teachers holding state licensure who are employed by public school districts
- Effective date: July 1, 2021
Legislative Description
Ad valorem tax; exempt one vehicle per teacher in shortage areas, and discount tax on one vehicle per teacher in other areas.
Last Action
Died In Committee
2/24/2021
Committee Referrals
Finance1/18/2021
Full Bill Text
No bill text available