Ad valorem tax assessment; revise provision concerning inflation factor for commercial and solar wind facilities.

An Act To Amend Section 27-35-50, Mississippi Code Of 1972, To Direct The Department Of Revenue, When Promulgating Its Annual Table Of Inflation Factors For Industrial Property, To Include Commercial Solar And Wind Facilities As A Separate Category Of Industrial Property; To Provide That, If The Department Has Not Provided A Separate Inflation Factor For Commercial Solar And Wind Facilities For A Particular Year, Whether Based On Marshall Valuation Service Or As Otherwise Determined By The Department, The Department Shall Set Such Inflation Factor At 1.000; And For Related Purposes.