MS HC38

Proposes a constitutional amendment to Section 112 of the Mississippi Constitution of 1890 removing the Legislature's authority to deny or limit counties' rights to levy taxes on nuclear-powered electrical generating plants

Eliminates the provision allowing the Legislature to create special valuation, assessment, and levy rules for nuclear plants and to control distribution of revenue from such taxes

Restores counties' taxing authority over nuclear plants to be treated the same as other corporate property situated and assessed in the county

Requires submission to Mississippi voters at the November 2026 general election for approval

Maintains all existing property tax classification ratios (10% for owner-occupied residential, 15% for other real property and personal property, 30% for public utilities and motor vehicles)