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MS HB1514

Bill

Official Source

Status

Failed

2/3/2026

Primary Sponsor

Cheikh Taylor

Click for details

Origin

House of Representatives

2026 Regular Session

AI Summary

  • Requires purchasers of real estate to receive notice before closing that ad valorem (property) taxes are due on the property unless it qualifies for exemption
  • Notice must inform purchasers that ad valorem tax payments on the property may be in arrears
  • Notice must alert purchasers that the property may have been previously sold due to nonpayment of ad valorem taxes
  • Effective date: July 1, 2026

Legislative Description

Real estate closing; require certain notices regarding ad valorem taxes.

Last Action

Died In Committee

2/3/2026

Committee Referrals

Judiciary A1/19/2026

Full Bill Text

No bill text available