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Bill > SB2509


MS SB2509

MSU and USM; buildings erected on university land leased to private entities for student housing is exempt from taxation.


summary

Introduced
01/16/2017
In Committee
02/24/2017
Crossed Over
02/21/2017
Passed
Dead
03/16/2017

Introduced Session

2017 Regular Session

Bill Summary

An Act To Provide That The Lands And Property Of Mississippi State University And The University Of Southern Mississippi Shall Not Be Subject To Taxation And To Provide That The Buildings And Improvements That Are Erected On Any Land Belonging To The University That Is Leased To Private Entities For The Purpose Of Offering Affordable Board To Students Shall Not Be Subject To Taxation; And For Related Purposes.

AI Summary

This bill exempts from taxation the lands and property of Mississippi State University (MSU) and the University of Southern Mississippi (USM), as well as any buildings and improvements erected on university land that is leased to private entities for the purpose of providing affordable student housing. The bill aims to support affordable housing options for students attending these universities.

Committee Categories

Budget and Finance

Sponsors (1)

Last Action

Died On Calendar (on 03/16/2017)

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