Mississippi HC38 proposes to amend the state constitution to revise the Legislature's authority over county taxes on nuclear-powered electrical.
Mississippi HC38 proposes an amendment to Section 112 of the Mississippi Constitution of 1890. The amendment would revise the Legislature's authority to limit or deny a county's right to levy county and/or special taxes on nuclear-powered electrical generating plants. It also provides for a special mode of valuation, assessment, and levy upon such plants and outlines the distribution of the revenue derived from these taxes. The amendment aims to ensure a uniform and equal taxation system while allowing for specific tax treatments for nuclear-powered electrical plants.
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