HB871: Ad valorem tax; extend time for partial exemption and fee-in-lieu of ad valorem tax agreement for certain renewable energy projects.
Legislative Summary
An Act To Amend Section 27-31-46.1, Mississippi Code Of 1972, To Extend The Period In Which Certain Renewable Energy Projects May Begin Construction In Order To Be Eligible For A Partial Ad Valorem Tax Exemption; To Extend The Time Period Within Which County Boards Of Supervisors And Municipal Governing Authorities May Authorize A Partial Ad Valorem Tax Exemption For Certain Renewable Energy Projects; To Amend Section 27-31-104, Mississippi Code Of 1972, Which Authorizes County Boards Of Supervisors And Municipal Governing Authorities To Enter Into Agreements With Certain Enterprises Granting A Fee-in-lieu Of Ad Valorem Taxes, To Revise The Enterprises With Which County Boards Of Supervisors And Municipal Governing Authorities Are Authorized To Enter Into Such Agreements; To Extend The Time Period Within Which County Boards Of Supervisors And Municipal Governing Authorities May Enter Into Such Agreements With Certain Renewable Energy Projects; And For Related Purposes.
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