MS SB2838

Motor vehicle ad valorem taxes would be assessed based on the actual purchase price of each vehicle rather than the current uniform assessment schedule prepared by the State Tax Commission

Repeals multiple sections of Mississippi Code (27-51-19, 27-51-21, 27-51-23, 27-51-35, 27-51-37, 27-51-39, and 27-51-45) that govern motor vehicle assessment schedules for ad valorem tax purposes

Establishes a new appeals process for manufactured home and mobile home owners who object to assessment schedules, requiring written objections to be filed with the board of supervisors or municipal board and forwarded to the Department of Revenue for approval

Updates statutory references to replace "State Tax Commission" with "department" (Department of Revenue) throughout related code sections

Effective date of July 1, 2022