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MS SB2190
Bill
Status
Failed
2/23/2022
Primary Sponsor
Michael McLendon
Click for details
AI Summary
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Real property located in an area annexed by a municipality is exempt from all municipal ad valorem taxes for 12 months following the annexation date
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Motor vehicles registered to an address in a newly annexed area are exempt from all municipal ad valorem taxes for 12 months following the annexation date
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Amends Mississippi Code Sections 27-31-1 (property tax exemptions) and 27-51-41 (motor vehicle tax exemptions) to add these new exemptions
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Effective date of January 1, 2022
Legislative Description
Municipal ad valorem taxes; exempt real property and motor vehicles in an annexed area for 12 months after annexation.
Last Action
Died In Committee
2/23/2022
Committee Referrals
Finance1/13/2022
Full Bill Text
No bill text available