Taxes; exempt leases and subleases of state park lands to nonprofits.
Approved by Governor
Summary
SB 3109 removes state and local property taxes on leasehold interests or subleases of state park lands that are given to nonprofit organizations for park development, support, improvement, administration, or operation. The exemption is added to the tax code by amending Sections 55‑3‑47 and 27‑31‑1. The change is intended to encourage nonprofit groups to help manage and enhance Mississippi's state parks.
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