MS HB1473

Amends Mississippi Code Section 89-5-21 to require the county tax collector to mail notice of any unpaid ad valorem taxes to the property owner within 90 days after a mortgage or deed of trust is satisfied.

Requires the clerk of the chancery court to promptly notify the tax collector when a mortgage or deed of trust is satisfied so the tax collector can identify any outstanding tax obligations.

Maintains existing law regarding mortgagee penalties of up to $200 for failure to record satisfaction of mortgages or deeds of trust within one month of written request.

Does not affect any existing tax claims, assessments, appeals, or lawsuits for taxes due before the effective date.

Effective July 1, 2025.