SB 3312
Ad valorem tax assessment; revise provision concerning inflation factor for commercial and solar wind facilities.
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- Passed Senate
- Passed House
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- Became Law
Bill overview
An act to amend section 27-35-50, mississippi code of 1972, to direct the department of revenue, when promulgating its annual table of inflation factors for industrial property, to include commercial solar and wind facilities as a separate category of industrial property; To provide that, if the department has not provided a separate inflation factor for commercial solar and wind facilities for a particular year, whether based on marshall valuation service OR as otherwise determined by the department, the department shall set such inflation factor at 1.000; And for related purposes.
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