l9n/ Mississippi

2024 Regular Session

Senate Bill 2901

Ad valorem tax; require counties and municipalities to provide notice and hearing before exceeding revenue-neutral rate.

Did not become law. It stopped in the Senate on March 14, 2024. The 2024 session has ended.

What it does

The synopsis the Legislature published with the bill.

AN ACT TO PROVIDE NOTICE AND HEARING PROCEDURES TO BE FOLLOWED BY COUNTIES AND MUNICIPALITIES INTENDING TO EXCEED THE REVENUE-NEUTRAL RATE IN THEIR LEVY OF AD VALOREM TAXES; TO PROVIDE THAT THESE PROCEDURES DO NOT APPLY TO SCHOOL DISTRICT MILLAGE RATES; TO REQUIRE THE REFUND OF ANY PROPERTY TAXES OVER-COLLECTED BASED ON THE AMOUNT OF THE LEVY IN EXCESS OF THE REVENUE-NEUTRAL RATE, IF SUCH PROCEDURES WERE NOT FOLLOWED; TO PROVIDE THAT THE DEPARTMENT OF REVENUE SHALL MONITOR COMPLIANCE WITH THIS ACT, AND TO AUTHORIZE THE DEPARTMENT TO PROMULGATE RULES AND REGULATIONS IN FURTHERANCE THEREOF; TO PROVIDE THAT, IF THE REVENUE-NEUTRAL RATE IS EXCEEDED IN VIOLATION OF THIS ACT, THE MILLAGE RATE FOR THE FOLLOWING YEAR SHALL REVERT TO THE NUMBER PREVIOUSLY IN EFFECT; TO SPECIFY THAT THE ACT DOES NOT APPLY TO ANY TAXING SUBDIVISION RECEIVING $5,000.00 OR LESS IN REVENUE FROM PROPERTY TAXES IN THE CURRENT YEAR; 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

Its course

February 19 to March 14, 2024, 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 action3 actions on 3 days

In the SenateFeb 19 to Mar 14 · stopped24 days

FinanceFeb 19 to Feb 278 days

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 Feb 19 – Mar 14

  1. Feb 19Referred to the Senate committee on Finance
  2. Feb 27Reported from committee in the Senate: title sufficient, do pass
  3. Mar 14Died on the calendar in the Senate
All 3 actions, as published
  1. Feb 19Referred To FinanceSenate
  2. Feb 27Title Suff Do PassSenate
  3. Mar 14Died On CalendarSenate