Senate Bill 3188

AN ACT TO CREATE NEW SECTION 27-33-76, MISSISSIPPI CODE OF 1972, TO AUTHORIZE THE BOARD OF SUPERVISORS OF ANY COUNTY AND THE GOVERNING AUTHORITIES OF ANY MUNICIPALITY TO GRANT AN EXEMPTION FROM AD VALOREM TAXES, EXCEPT TAXES FOR SCHOOL DISTRICT PURPOSES, ON HOMESTEADS OF RESIDENTS OF THIS STATE WHO ARE SERVING ON ACTIVE DUTY PURSUANT TO MILITARY ORDERS IN IRAQ OR AFGHANISTAN; TO PROVIDE THE AMOUNT OF SUCH EXEMPTION; TO AUTHORIZE THE STATE TAX COMMISSION TO ADOPT AND PROMULGATE RULES AND REGULATIONS TO ADMINISTER AND IMPLEMENT SUCH PROVISIONS OF THIS ACT; TO AMEND SECTION 27-51-42.3, MISSISSIPPI CODE OF 1972, TO REMOVE THE SEPTEMBER 30, 2009, REPEAL DATE ON THE PROVISION OF LAW THAT AUTHORIZES THE BOARD OF SUPERVISORS OF ANY COUNTY AND THE GOVERNING AUTHORITIES OF ANY MUNICIPALITY TO GRANT AN EXEMPTION FROM AD VALOREM TAXES, EXCEPT TAXES FOR SCHOOL DISTRICT PURPOSES, ON MOTOR VEHICLES OF RESIDENTS OF THIS STATE WHO ARE SERVING ON ACTIVE DUTY PURSUANT TO MILITARY ORDERS IN IRAQ OR AFGHANISTAN; 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; AND FOR RELATED PURPOSES.

In the Senate

• Doug E. Davis

  Sponsor

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

In the Senate Jan 28 – Feb 19

1. Jan 28Referred to the Senate committee on Finance
2. Feb 17Reported from committee in the Senate: title sufficient, do pass as a committee substitute
3. Feb 19Committee substitute adopted in the Senate
4. Passed the Senate

In the House of Representatives Feb 20 – Mar 17

1. Feb 20Sent to the House
2. Feb 24Referred to the House committees on Military Affairs and on Ways and Means
3. Mar 3Reported as amended from MA to WM in the House: title sufficient, do pass
4. Mar 17Died in committee in the House