Mississippi SB2837 establishes a committee to study eliminating ad valorem taxes on real property and recommend alternatives.
Mississippi SB2837 creates the Property Tax Elimination and Replacement Study Committee to evaluate the impact of eliminating ad valorem taxes on real property and propose alternatives. The committee will review the contribution of these taxes to local government revenue, assess cost savings, explore revenue replacement methods, and submit recommendations to the Legislature by December 1, 2026. The Department of Revenue will provide staff support, and the Joint Legislative Committee on Performance Evaluation and Expenditure Review may also assist.
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