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MS SB2923

Bill

Official Source

Status

Failed

2/22/2023

Primary Sponsor

Melanie Sojourner

Click for details

Origin

Senate

2023 Regular Session

AI Summary

  • Amends Mississippi Code Section 27-31-1 to add a new exemption category (oo) exempting all real and personal property belonging to persons aged 65 years or older from ad valorem taxes.

  • The exemption applies to both real property (such as land and buildings) and personal property (such as vehicles, equipment, and other possessions) owned by seniors.

  • Effective date is October 1, 2023.

Legislative Description

Ad valorem tax; exempt real and personal property belonging to persons aged 65 years or older.

Last Action

Died In Committee

2/22/2023

Committee Referrals

Finance1/27/2023

Full Bill Text

No bill text available