Agricultural land; impose tax on sale of certain foreign owned.

An Act To Impose A Tax On The Sale Of Land That Is Used For Agricultural Purposes And Owned Or Possessed In Majority Part By Any Nonresident Alien At The Time Of Sale; To Provide The Rate Of The Tax; To Amend Section 27-35-50, Mississippi Code Of 1972, To Revise The Manner Of Determining The True Value For Ad Valorem Tax Purposes Of Land That Is Used For Agricultural Purposes And Owned Or Possessed In Majority Part By Any Nonresident Alien; To Define The Terms "nonresident Alien" And "majority Part" For The Purposes Of This Act; And For Related Purposes.