HB 1002 Mississippi House · 2025 Regular Session

Nuclear generating plants; revise distribution of payments made in lieu of ad valorem taxes.

HB 1002 revises how payments from nuclear generating plants (exempt from local property taxes) are distributed. Instead of paying county or municipal taxes, these plants pay a portion of their assessed value to the state, with specific annual amounts directed to Claiborne County and Port Gibson. Starting in 1991, $3.04 million annually goes to Claiborne County for any authorized county purpose (subject to maintaining emergency plan support), and $160,000 annually goes to Port Gibson for municipal purposes. The bill ensures these payments are separate from ad valorem tax revenue limits and includes conditions tied to emergency planning commitments.
Sub-Topics: Revenue
Bill status died 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 17, 2025 Last action Feb 4, 2025
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2
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Committee
1
Jan 17, 2025
Committee
Referred To Ways and Means
lower
1 primary · 0 co-sponsors

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Legislator
Party
State
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P
Photo of Jeffery Harness
Jeffery Harness
DDemocratic
MS
85