MS SB2944 | 2014 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Failed on February 26 2014 - 100% progression
Action: 2014-02-26 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Authorize The Governing Authorities Of A Municipality To Exempt From Municipal Ad Valorem Taxes, Excluding Ad Valorem Taxes For School District Purposes, For A Period Of Not More Than 7 Years, Any Privately Owned Residential Rental Structures That Are Renovated Or Improved, But Only If The Residential Rental Structures Are Renovated Or Improved Pursuant To The Requirements Of The Municipality For The Development Of The Area In Which The Residential Structure Is Located; To Authorize The Board Of Supervisors Of A County To Exempt From County Ad Valorem Taxes For A Period Of Not More Than 7 Years, Privately Owned Residential Rental Property That Has Been Granted An Exemption By A Municipality Under This Act; And For Related Purposes.

Tracking Information

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Title

Ad Valorem taxes; counties and municipalities may exempt certain residential rental structures.

Sponsors


History

DateChamberAction
2014-02-26SenateDied In Committee
2014-02-10SenateReferred To Finance

Mississippi State Sources


Bill Comments

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