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MS SB2190

Bill

Status

Failed

2/23/2022

Primary Sponsor

Michael McLendon

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • 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

  • 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

  • Amends Mississippi Code Sections 27-31-1 (property tax exemptions) and 27-51-41 (motor vehicle tax exemptions) to add these new exemptions

  • 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