Mississippi 2025 Regular Session Status: Passed Senate

SB 2995 — Ad valorem taxes; authorize local governments to grant exemptions for raw materials and work in progress inventory.

Last action — Died In Committee

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed Senate
  4. 4
    Passed House
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 2025 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

41 added · 40 removed

Plain-language change summary

The latest version of Bill SB 2995 has updated some of its language and structure, as shown by the replacement of one set of lines with another. This change typically involves clarifications or adjustments that tighten the bill's focus or improve its enforceability. Such modifications can be crucial in ensuring the intended outcomes of the legislation are clear and actionable, thereby potentially affecting how it will be implemented in practice.

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2995 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;
2995 (As Passed the Senate) 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;
2995 *SS26/R1180* ~ OFFICIAL ~ R3/5 25/SS26/R1180 PAGE 1 (icj\kr) the date such exemption is granted.
2995 *SS08/R1180PS* ~ OFFICIAL ~ R3/5 25/SS08/R1180PS PAGE 1 the date such exemption is granted.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 2(icj\kr) 27-31-101.
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 2 27-31-101.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 3(icj\kr) exemption, provided that the total of all periods of exemption shall not exceed ten (10) years.
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 3 exemption, provided that the total of all periods of exemption shall not exceed ten (10) years.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 4(icj\kr) consecutive exemption period and the dates upon which such consecutive exemption period begins and expires.
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 4 consecutive exemption period and the dates upon which such consecutive exemption period begins and expires.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 5(icj\kr) (vii) Recreational facilities that impact tourism meeting minimum criteria established by the Mississippi Development Authority;
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 5 (vii) Recreational facilities that impact tourism meeting minimum criteria established by the Mississippi Development Authority;
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 6(icj\kr) included within the definition of the term "telecommunications enterprises";
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 6 included within the definition of the term "telecommunications enterprises";
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 7(icj\kr) automatically be exempt without any action being required to be taken by such owner, lessor or sublessor.
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 7 automatically be exempt without any action being required to be taken by such owner, lessor or sublessor.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 8(icj\kr) granted, whether or not such property is owned, leased, subleased, licensed or otherwise obtained by such enterprise, irrespective of the taxpayer to which any such leased property is assessed for ad valorem tax purposes, within the discretion of the county board of supervisors and municipal authorities;
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 8 granted, whether or not such property is owned, leased, subleased, licensed or otherwise obtained by such enterprise, irrespective of the taxpayer to which any such leased property is assessed for ad valorem tax purposes, within the discretion of the county board of supervisors and municipal authorities;
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 9(icj\kr) extend for a period not to exceed ten (10) years thereafter;
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 9 extend for a period not to exceed ten (10) years thereafter;
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 10(icj\kr) of 1972.
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 10 of 1972.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 11(icj\kr) may, by resolution spread on its minutes, approve such application for all or any part of the property sought to be exempted and for all or any part of the authorized period of exemption.
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 11 may, by resolution spread on its minutes, approve such application for all or any part of the property sought to be exempted and for all or any part of the authorized period of exemption.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 PAGE 12(icj\kr) SECTION 5.
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS PAGE 12 SECTION 5.
This act shall take effect and be in force from and after July 1, 2025.
This act shall take effect and be in force from and after July 1, 2025, and shall stand repealed on June 30, 2025.
2995 *SS26/R1180* ~ OFFICIAL ~ 25/SS26/R1180 ST:
2995 *SS08/R1180PS* ~ OFFICIAL ~ 25/SS08/R1180PS ST:
authorize local PAGE 13 (icj\kr) governments to grant exemptions for raw materials and work in progress inventory.
authorize local PAGE 13 governments to grant exemptions for raw materials and work in progress inventory.
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Amendments

1 amendment

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Action History

  1. Died In Committee

  2. Referred To Ways and Means;Accountability, Efficiency, Transparency

  3. Transmitted To House

  4. Passed As Amended

  5. Amended

  6. Title Suff Do Pass

  7. Referred To Finance

Sponsors

  • Parker · Primary

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 174 not signed on

Sponsors (1)

  • Parker

Co-sponsors (0)

None.

Not signed on (174)

174 members have not signed on to this bill.

Show all 174 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Votes

Passage as Amended

Passed 44 Yea · 0 Nay · 7 Other
Party YeaNayPresentNot Voting
Democrat 8005
Republican 31001
Unaffiliated 5001
Total 44007
% of votes cast 86%0%0%14%
How each member voted (51)
Member Party Vote
Horhn — Yea
Parker — Yea
Polk — Yea
Robinson — Yea
Turner-Ford — Yea
Jordan — Not Voting
Albert Butler Democrat Yea
Bradford Blackmon Democrat Yea
David Blount Democrat Yea
Derrick T. Simmons Democrat Not Voting
Gary Brumfield Democrat Not Voting
Hillman Terome Frazier Democrat Yea
Hob Bryan Democrat Yea
Joseph Thomas Democrat Yea
Juan Barnett Democrat Yea
Reginald Jackson Democrat Not Voting
Rod Hickman Democrat Not Voting
Sarita Simmons Democrat Not Voting
Sollie B. Norwood Democrat Yea
Andy Berry Republican Yea
Angela Burks Hill Republican Not Voting
Bart Williams Republican Yea
Benjamin Suber Republican Yea
Brian Rhodes Republican Yea
Brice Wiggins Republican Yea
Briggs Hopson Republican Yea
Chad McMahan Republican Yea
Chris Johnson Republican Yea
Chuck Younger Republican Yea
Daniel H. Sparks Republican Yea
Dean Kirby Republican Yea
Dennis DeBar, Jr. Republican Yea
J. Walter Michel Republican Yea
Jason Barrett Republican Yea
Jeff Tate Republican Yea
Jeremy England Republican Yea
Joel R. Carter, Jr. Republican Yea
Joey Fillingane Republican Yea
Joseph M. Seymour Republican Yea
Josh Harkins Republican Yea
Kathy L. Chism Republican Yea
Kevin Blackwell Republican Yea
Lydia Graves Chassaniol Republican Yea
Michael McLendon Republican Yea
Mike Thompson Republican Yea
Neil S. Whaley Republican Yea
Nicole Boyd Republican Yea
Philman Ladner Republican Yea
Rita Potts Parks Republican Yea
Scott DeLano Republican Yea
Tyler McCaughn Republican Yea

Official roll call →

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors SB 2995?
SB 2995 is sponsored by Parker.
What is the current status of SB 2995?
This bill died with 2025 Regular Session. It reached “Passed Senate” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track SB 2995?
Track SB 2995 free on One Click Politics — get push/email alerts when it moves.

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