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Bill > SB3109


MS SB3109

MS SB3109
Taxes; exempt leases and subleases of state park lands to nonprofits, and sales to nonprofits for improvements thereto.


summary

Introduced
02/17/2026
In Committee
02/17/2026
Crossed Over
Passed
Dead

Introduced Session

2026 Regular Session

Bill Summary

An Act To Amend Section 55-3-47, Mississippi Code Of 1972, To Exempt Leasehold Interests Or Subleases Thereof Conveyed To Nonprofit Organizations For The Development, Support, Improvement, Administration And/or Operation Of State Park Lands From All State And Local Ad Valorem Taxes; To Exempt Expenditures Or Purchases Made By Nonprofit Organizations For Purposes Of Making Improvements Or Repairs To Lands Or Properties Subject To Such Leases Or Subleases From All State And Local Sales And Use Taxes; To Amend Sections 27-31-1 And 27-65-105, Mississippi Code Of 1972, To Conform; And For Related Purposes.

AI Summary

This bill exempts leases and subleases of state park lands granted to nonprofit organizations for their development, support, improvement, administration, or operation from all state and local property taxes, also known as ad valorem taxes. Additionally, it exempts purchases made by these nonprofit organizations for improvements or repairs to these state park lands from state and local sales and use taxes. These changes are made to conform existing laws regarding tax exemptions to this new provision.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Title Suff Do Pass Comm Sub (on 02/19/2026)

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