SB 3116
Ad valorem tax; add categories for energy projects and enterprises for purposes of certain exemptions.
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- Passed Senate
- Passed House
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- Became Law
Bill overview
An act to amend section 27-31-46, mississippi code of 1972, to revise the definition of "project" to include facilities storing energy using battery energy storage systems, for purposes of a county's authority to grant certain ad valorem tax exemptions of up to 50% of the total assessed value of certain projects; To amend section 27-31-101, mississippi code of 1972, to add battery energy storage system facilities, for purposes of a county's OR a municipality's authority to grant certain ad valorem tax exemptions; To extend the date of the reverter on the statute; And for related purposes.
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