Mississippi Senate Bill SB3094

Mississippi 2023 Regular Session

• Introduced: 2/17/23
• Refer: 2/17/23
• Failed: 2/22/23

Caption

Ad valorem taxation; exempt property used for housing and providing services to victims of domestic violence and sexual assault.

Impact

The enactment of SB 3094 presents a significant change in state taxation policy regarding properties used for specific charitable purposes. By providing a clear tax exemption for properties dedicated to supporting victims of domestic violence and sexual assault, the bill is anticipated to encourage nonprofit organizations to expand or establish such services. This could lead to increased investment in resources aimed at preventing domestic violence and aiding recovery, thereby fostering a safer environment for vulnerable populations. The financial relief from taxation is positioned as a means to sustain and grow essential support services across Mississippi.

Summary

Senate Bill 3094 aims to amend Section 27-31-1 of the Mississippi Code of 1972 by exempting from ad valorem taxation all property, both real and personal, that is used exclusively for the housing and provision of services to victims of domestic violence or sexual assault. The bill specifies that these services must be provided by a nonprofit organization that is qualified under Section 501(c)(3) of the Internal Revenue Code. This initiative is intended to support and enhance the resources available for victims of domestic violence and sexual assault, encouraging the establishment and operation of safe housing facilities and support services.

Contention

While the bill has gained traction due to its beneficial goals, it could face scrutiny regarding its fiscal implications on local and state revenues. Critics may raise concerns about the overall impact on property tax collections, particularly if a significant number of properties qualify for the exemption under this new provision. Discussions could emerge around potential misuse or over-extension of exempt properties if closely monitored criteria are not established. Additionally, ensuring that the exempted organizations adhere to the intended purpose of supporting victims with quality services may become a focal point of debate following the bill's introduction.