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Bill > HB1486
MS HB1486
MS HB1486Department of Revenue; revise provisions regarding tax liens and compromise of doubtful claims.
summary
Introduced
01/19/2026
01/19/2026
In Committee
02/13/2026
02/13/2026
Crossed Over
02/04/2026
02/04/2026
Passed
Dead
Introduced Session
2026 Regular Session
Bill Summary
An Act To Amend Section 85-11-21, Mississippi Code Of 1972, To Provide The Time Within Which The Department Of Revenue May Take Action To Collect Against A Tax Lien For A Finally Determined Tax Liability; To Amend Section 31-19-27, Mississippi Code Of 1972, To Provide That A Doubtful Claim Is A Claim For Which A Notice Of Tax Lien Has Been Enrolled In The Uniform State Tax Lien Registry For A Finally Determined Tax Liability And For Which The Department Of Revenue Is Prohibited Under Section 85-11-21 From Taking Any Action For Collection Against The Tax Lien For Such Liability; To Amend Section 31-19-30, Mississippi Code Of 1972, To Provide Certain Criteria Relating To The Settlement And Compromise Of Certain Doubtful Claims; And For Related Purposes.
AI Summary
This bill modifies Mississippi law regarding tax liens and the compromise of doubtful claims by the Department of Revenue. It establishes new time limits for the department to collect on tax liens, generally three years after a tax lien is initially enrolled on the Uniform State Tax Lien registry for liabilities determined on or after July 1, 2026, with specific provisions for older liens. The bill also clarifies what constitutes a "doubtful claim" for the purpose of settlement, specifically including tax liabilities where the Department of Revenue is prohibited from collecting due to these new time limits. Furthermore, it outlines criteria for settling and compromising these doubtful claims, including reduced settlement amounts for older liens and the creation of a special fund for money received from these compromises, to be used by the department for reviewing and resolving such claims.
Committee Categories
Budget and Finance
Sponsors (1)
Last Action
Referred To Finance (on 02/13/2026)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://billstatus.ls.state.ms.us/2026/pdf/history/HB/HB1486.xml |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/HB/1400-1499/HB1486PS.htm |
| BillText | https://billstatus.ls.state.ms.us/documents/2026/html/HB/1400-1499/HB1486IN.htm |
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