Establishes the Bayou Casotte Industrial Zone in Jackson County, exempting property within the zone from ad valorem taxation if annexed by a.
The Bayou Casotte Industrial Zone Establishment Act creates the Bayou Casotte Industrial Zone in Jackson County, Mississippi, to promote economic development. Property within the zone is exempt from ad valorem taxation if annexed by a municipality. The act outlines the zone's boundaries and specifies that annexation would not change the school district or alter the tax burden on existing taxpayers. It also details the process for municipal boundary changes and the conditions under which property remains exempt from taxation.
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- Core Provisions
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- Legal Framework
- Critical Issues
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