Ad valorem tax levy for school districts; provide levying authority with discretion to approve request by school board.

HB 205 gives school district levying authorities (like county boards) discretion to approve or partially approve school board requests for ad valorem tax increases, rather than requiring automatic referendums for all increases over 55 mills. It modifies Mississippi law so that if a levying authority approves a tax increase that would exceed the current millage rate, a referendum is only required if the approved amount would raise the rate. The bill directly affects school districts seeking funding and their local levying authorities. Key changes include removing the automatic referendum requirement for approved increases and clarifying that referendums are not needed if the requested increase doesn't raise the current millage rate.