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MS HB1095

Bill

Official Source

Status

Passed

3/28/2025

Primary Sponsor

Brent Anderson

Click for details

Origin

House of Representatives

2025 Regular Session

AI Summary

  • Amends Section 29-15-11 of the Mississippi Code to add tax exemptions for certain marine leases
  • Leases and subleases granted by the Department of Marine Resources under Sections 49-15-27, 49-15-37, or 49-15-46 are exempt from county and municipal tax levies on leasehold interests
  • Maintains existing requirement that lessees of other state public trust tidelands and submerged lands remain responsible for county and municipal taxes on leasehold interests
  • Takes effect upon passage

Legislative Description

Department of Marine Resources; exempt certain leases from any county or municipal tax levy upon leasehold interests.

Last Action

Approved by Governor

3/28/2025

Committee Referrals

Ports and Marine Resources3/4/2025
Marine Resources1/20/2025

Full Bill Text

No bill text available