l9n/ Mississippi

2009 Regular Session

Senate Bill 2300

Ad valorem tax; require millage rate reduction for purposes of calculating proposed increase where assessed value increases.

Did not become law. It stopped in the House of Representatives's Ways and Means Committee on March 3, 2009. The 2009 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO AMEND SECTIONS 21-33-45, 27-39-305, 27-39-307, 27-39-317, 27-39-320 AND 27-39-321, MISSISSIPPI CODE OF 1972, TO PROVIDE THAT IF, BECAUSE OF AN INCREASE IN THE ASSESSED VALUATION OF A MUNICIPALITY OR COUNTY, THE AD VALOREM TAX MILLAGE RATE FOR THE EXISTING FISCAL YEAR WILL GENERATE FUNDS FOR THE NEXT FISCAL YEAR IN EXCESS OF THAT GENERATED FOR THE EXISTING FISCAL YEAR, THEN FOR PURPOSES OF DETERMINING WHETHER THE RATE OR LEVY PROPOSED FOR THE NEXT FISCAL YEAR IS AN INCREASE FROM THE PREVIOUS YEAR, THE GOVERNING AUTHORITIES OF THE MUNICIPALITY OR BOARD OF SUPERVISORS OF THE COUNTY SHALL REDUCE THE AD VALOREM TAX MILLAGE RATE AS IT APPLIES TO ALL PROPERTY EXCEPT NEWLY CONSTRUCTED PROPERTIES OR EXISTING PROPERTIES ADDED TO THE TAX ROLLS BY THE NECESSARY AMOUNT TO PROVIDE THAT THE REVENUE GENERATED FOR THE NEXT FISCAL YEAR IS THE SAME AS THAT GENERATED FOR THE EXISTING FISCAL YEAR AND USE SUCH REDUCED MILLAGE RATE AS THE BASIS TO DETERMINE WHETHER THE RATE OR LEVY PROPOSED FOR THE NEXT FISCAL YEAR IS AN INCREASE FROM THE PREVIOUS YEAR AND TO DETERMINE WHETHER ANY PROPOSED INCREASE IN REVENUE FOR THE NEXT FISCAL YEAR COMPLIES WITH CERTAIN LIMITATIONS ON AD VALOREM TAX REVENUE INCREASES; TO AMEND SECTION 27-33-75, MISSISSIPPI CODE OF 1972, TO INCREASE THE AMOUNT OF THE HOMESTEAD EXEMPTION FOR QUALIFIED HOMEOWNERS WHO ARE 65 YEARS OF AGE OR OLDER OR WHO ARE TOTALLY DISABLED IN COUNTIES THAT HAVE COMPLETED AN UPDATE IN THE VALUATION OF CLASS I PROPERTY AFTER JANUARY 1, 2008, AND FOR WHICH THE STATE TAX COMMISSION HAS CERTIFIED THAT SUCH NEW VALUATIONS HAVE BEEN IMPLEMENTED FOR THE PURPOSES OF AD VALOREM TAXATION; AND FOR RELATED PURPOSES.

Sponsors

Who carried the bill in each chamber, and who signed on. Each name leads to the member's page.

In the Senate

20 co-sponsors

Tommy A. Gollott, Dean Kirby, David Blount, Terry W. Brown, Terry C. Burton, Kelvin Butler, Joey Fillingane, Ezell Lee, T. O. Moffatt, Michael Watson, Lee Yancey, Walter Michel, Nickey Browning, Videt Carmichael, Lydia Graves Chassaniol, Hillman Terome Frazier, Gary Jackson, Tom King, Perry Lee, Giles Ward

Its course

January 6 to March 3, 2009, on one scale. In the top row each mark is a day something happened; taller marks are busier days.

Each committee stop sits inside its chamber.

Every action8 actions on 6 days

In the SenateJan 6 to Jan 93 days

FinanceJan 6 to Jan 71 day

In the House of RepresentativesJan 9 to Mar 3 · stopped53 days

Ways and MeansJan 15 to Mar 3 · stopped47 days

Amendments

Each amendment offered, and what became of it.

  • Senate floor amendmentAdopted

    Adopted Jan 9

Text

Each version as the Legislature printed it.

l9n doesn't hold this bill's text yet.

What happened

In l9n's words, one line for each step. Every action as the Legislature published it is below.

In the Senate Jan 6 – Jan 9

  1. Jan 6Referred to the Senate committee on Finance
  2. Jan 7Reported from committee in the Senate: title sufficient, do pass as a committee substitute
  3. Jan 9Committee substitute adopted in the Senate
  4. Amended in the Senate
  5. Passed the Senate as amended

In the House of Representatives Jan 13 – Mar 3

  1. Jan 13Sent to the House
  2. Jan 15Referred to the House committee on Ways and Means
  3. Mar 3Died in committee in the House
All 8 actions, as published
  1. Jan 6Referred To FinanceSenate
  2. Jan 7Title Suff Do Pass Comm SubSenate
  3. Jan 9Committee Substitute AdoptedSenate
  4. Jan 9AmendedSenate
  5. Jan 9Passed As AmendedSenate
  6. Jan 13Transmitted To HouseSenate
  7. Jan 15Referred To Ways and MeansHouse of Representatives
  8. Mar 3Died In CommitteeHouse of Representatives