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MS SB2370

Bill

Official Source

Status

Failed

2/23/2022

Primary Sponsor

Derrick Simmons

Click for details

Origin

Senate

2022 Regular Session

AI Summary

  • Adds new exemption (oo) to Section 27-31-1 of Mississippi Code of 1972 for property used exclusively to house and provide services to victims of domestic violence or sexual assault.

  • Exemption applies only to property owned, operated and managed by not-for-profit corporations qualified under Section 501(c)(3) of the Internal Revenue Code.

  • Exemption covers all real or personal property meeting the specified criteria.

  • Effective date is July 1, 2022.

Legislative Description

Ad valorem taxation; exempt property used for housing and providing services to victims of domestic violence and sexual assault.

Last Action

Died In Committee

2/23/2022

Committee Referrals

Finance1/17/2022

Full Bill Text

No bill text available