MS HB1625 | 2017 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 22 2017 - 100% progression
Action: 2017-02-22 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Section 27-31-104, Mississippi Code Of 1972, To Provide That County Boards Of Supervisors And Municipal Authorities May Enter Into Fee-in-lieu Of Ad Valorem Taxes Agreements For Projects Totaling Over $20,000,000.00; To Provide That A Fee-in-lieu Of Ad Valorem Taxes Agreement May Extend For Up To Thirty Years From The Commencement Of The Fee-in-lieu Period Granted Therein, However, No Particular Parcel Of Land, Real Property Improvement Or Item Of Personal Property Shall Be Subject To A Fee-in-lieu Of Ad Valorem Taxes For A Duration Of More Than Ten Years; And For Related Purposes.

Tracking Information

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Title

Ad valorem tax; revise provisions regarding fee-in-lieu of ad valorem taxes.

Sponsors


History

DateChamberAction
2017-02-22HouseDied In Committee
2017-02-15HouseReferred To Ways and Means

Mississippi State Sources


Bill Comments

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