SB2995: Ad valorem taxes; authorize local governments to grant exemptions for raw materials and work in progress inventory.
Legislative Summary
An Act To Amend Sections 27-31-7, 27-31-101 And 27-31-105 And 27-31-107, Mississippi Code Of 1972, To Authorize Counties And Municipalities To Exempt From Ad Valorem Taxation, Except Ad Valorem Taxes For School District Purposes, The Value Of Raw Materials And Work-in-progress Inventory; To Ratify Any Such Exemption From Ad Valorem Taxes Granted Before July 1, 2025; And For Related Purposes.
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Bill History
Amendments
Senate Amendment No 1
Amendment No 1
Roll Call Votes
Status Information
Sponsors
Primary Sponsor
