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MS HB548

Bill

Official Source

Status

Failed

2/23/2022

Primary Sponsor

Steve Hopkins

Click for details

Origin

House of Representatives

2022 Regular Session

AI Summary

  • Exempts 100% of the true value of motor homes and trailers from ad valorem (property) taxation, effective October 1, 2023
  • Motor homes are defined as individually owned private passenger carriers with sleeping, bath/toilet, and food storage/preparation facilities
  • Trailers include those used for recreational purposes but exclude commercial semitrailers
  • Motorcycles remain at the existing 50% ad valorem tax exemption level established in 2008
  • Bill takes effect July 1, 2022

Legislative Description

Ad valorem tax; exempt motor homes and trailers.

Last Action

Died In Committee

2/23/2022

Committee Referrals

Ways and Means1/13/2022

Full Bill Text

No bill text available