MS SB2927 | 2023 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 3-0)
Status: Failed on February 22 2023 - 100% progression
Action: 2023-02-22 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Phase In An Exemption From Ad Valorem Taxes On Commodities, Raw Materials, Works-in-process, Products, Goods, Wares And Merchandise Held For Resale By Any Manufacturer, Distributor, Wholesale Or Retail Merchant; To Repeal Section 27-7-22.5, Which Authorizes An Income Tax Credit In Certain Amounts For Manufacturers, Distributors, Wholesale Or Retail Merchants For Ad Valorem Taxes Paid On Commodities, Raw Materials, Works-in-process, Products, Goods, Wares And Merchandise Held For Resale By Any Manufacturer, Distributor, Wholesale Or Retail Merchant; And For Related Purposes.

Tracking Information

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Title

Inventory; phase in an ad valorem tax exemption for.

Sponsors


History

DateChamberAction
2023-02-22SenateDied In Committee
2023-01-27SenateReferred To Finance

Code Citations

ChapterArticleSectionCitation TypeStatute Text
27722Repealed CodeSee Bill Text

Mississippi State Sources


Bill Comments

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