Miss. Code § 27-31-102

Current through the 2024 Regular Session
Section 27-31-102 - Exemption of equipment used in connection with enhanced oil recovery projects

Pipelines, dehydrators, compressors and other appurtenant equipment which are used to facilitate the transportation of carbon dioxide (CO2) in connection with an enhanced oil recovery project in the State of Mississippi shall be exempt from all ad valorem taxation, excepting taxes for school district purposes, for a period not to exceed ten (10) years from the date such pipelines and equipment are first placed into service.

Miss. Code § 27-31-102

Laws, 1984, ch. 451, § 3; Laws, 1990, ch. 478, § 1, eff. 3/24/1990.