Mississippi HB1383 mandates public notices for taxpayers regarding ad valorem tax rates and budget proposals.
Mississippi HB1383 requires the governing boards of taxing units to provide taxpayers with notices about ad valorem tax rates and budget proposals. Specifically, by June 1st each fiscal year, taxing units must inform taxpayers of the amount of ad valorem tax due on their property in the preceding fiscal year, the amount due in the current fiscal year if the previous year's rate is applied, and the difference between these amounts. The bill also mandates public hearings on proposed budgets and tax levies, with specific advertising requirements for these hearings.
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