MS HB1624 | 2018 | Regular Session

Status

Completed Legislative Action
Spectrum: Partisan Bill (Democrat 1-0)
Status: Failed on February 21 2018 - 100% progression
Action: 2018-02-21 - Died In Committee
Text: Latest bill text (Introduced) [HTML]

Summary

An Act To Amend Sections 19-29-39 And 27-31-36, Mississippi Code Of 1972, To Exempt From Ad Valorem Taxation Any Lease Or Other Contract Entered Into By A Railroad Authority Providing A Leasehold Or Other Interest To A Person In Railroad Properties And Facilities Owned Or Controlled By The Railroad Upon A Finding Made By The Railroad Authority That The Exemption Of Such Interest Is Necessary To Assist With Or Make Possible The Repair, Rehabilitation Or Reconstruction Of The Railroad Properties And Facilities; To Provide That The Exemption May Be For A Period Not To Exceed A Total Of Ten Years; And For Related Purposes.

Tracking Information

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Title

Ad valorem tax; exempt certain interests provided by railroad authorities to others in railroad properties.

Sponsors


History

DateChamberAction
2018-02-21HouseDied In Committee
2018-02-14HouseReferred To Ways and Means

Mississippi State Sources


Bill Comments

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