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MS SB2497
Bill
AI Summary
- Brings forward Mississippi Code Section 37-57-107 for possible amendment without making substantive changes to the current law
- Current law limits annual school district tax revenue increases to 7% above any of the three preceding fiscal years, with exceptions for new construction, bond payments, and new state-mandated programs
- School districts may exceed the 7% cap only if three-fifths of voters approve the increase in a special election
- Excess tax revenues collected above the limitation must be deposited into a special account and used to reduce taxes in the following fiscal year
- Requires school districts to pay charter schools a per-pupil share of local ad valorem taxes within 3 business days of receiving funds, excluding bond debt and vocational education levies
Legislative Description
Receipts from taxes for school purposes; bring forward code section related to.
Last Action
Died In Committee
2/3/2026
Committee Referrals
Education1/19/2026
Full Bill Text
No bill text available