HB488 • 2026

Ad valorem taxes; revise certain provisions regarding disposition of excess proceeds from sale of land for.

AN ACT TO AMEND SECTION 27-41-77, MISSISSIPPI CODE OF 1972, WHICH RELATES TO LAND SOLD FOR NONPAYMENT OF TAXES AND THE DISPOSITION OF ANY EXCESS IN THE AMOUNT BID FOR THE LAND, TO REMOVE THE PROVISION THAT ESTABLISHES A PERIOD OF TWO YEARS WITHIN WHICH A LANDOWNER MAY REQUEST PAYMENT TO HIM OF SUCH EXCESS BID IF THE LAND IS NOT REDEEMED; AND FOR RELATED PURPOSES.

Land Taxes

Did Not Pass

The latest official action shows that this bill did not move forward in that session.

Sponsor: Remak
Last action: 2026-02-03
Official status: Dead
Effective date: July 1, 20

Plain English Breakdown

The bill did not pass and has no effect as of now.

Changes to Tax Rules About Extra Money From Land Sales

This bill changes how extra money from land sales for unpaid taxes is handled by removing a two-year period during which a landowner can request the excess amount.

What This Bill Does

Removes the rule that allows a landowner two years to ask for any extra money if their land was sold because of unpaid taxes and not bought back by them.

Who It Names or Affects

Landowners who have had their property sold due to unpaid taxes
Tax collectors and chancery clerks in Mississippi counties

Terms To Know

Ad valorem taxes: Taxes based on the value of a property or item.
Chancery clerk: An official who keeps records and handles legal documents for courts in Mississippi.

Limits and Unknowns

The bill did not pass, so it has no effect as of now.
It does not specify what happens if only part of the land is redeemed.

Bill History

2026-02-03 Mississippi Legislative Bill Status System
02/03 (H) Died In Committee
2026-01-12 Mississippi Legislative Bill Status System
01/12 (H) Referred To Ways and Means

Official Summary Text

Ad valorem taxes; revise certain provisions regarding disposition of excess proceeds from sale of land for.

Current Bill Text

Read the full stored bill text

H. B. No. 488 *HR43/R25* ~ OFFICIAL ~ G1/2
26/HR43/R25
PAGE 1 (BS\KP)

To: Ways and Means
MISSISSIPPI LEGISLATURE REGULAR SESSION 2026

By: Representative Remak

HOUSE BILL NO. 488

AN ACT TO AMEND SECTION 27-41-77, MISSISSIPPI CODE OF 1972, 1
WHICH RELATES TO LAND SOLD FOR NONPAYMENT OF TAXES AND THE 2
DISPOSITION OF ANY EXCESS IN THE AMOUNT BID FOR THE LAND, TO 3
REMOVE THE PROVISION THAT ESTABLISHES A PERIOD OF TWO YEARS WITHIN 4
WHICH A LANDOWNER MAY REQUEST PAYMENT TO HIM OF SUCH EXCESS BID IF 5
THE LAND IS NOT REDEEMED; AND FOR RELATED PURPOSES. 6
BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF MISSISSIPPI: 7
SECTION 1. Section 27-41-77, Mississippi Code of 1972, is 8
amended as follows: 9
27-41-77. If any land be sold for more than the amount of 10
taxes due and all costs, the tax collector shall report the amount 11
of excess to the chancery clerk, and on his receipt warrant 12
therefor, shall pay the same into the county treasury. The board 13
of supervisors is directed to transfer all such funds so received 14
to the general funds of the county. If the land be redeemed, or 15
the title of the purchaser be defeated or set aside in any way or 16
for any reason, such excess shall be retained by the county. If 17
only a part of the land be redeemed, the excess shall be 18
apportioned ratably to the amount of taxes due at the time of the 19
sale on the respective parts. * * * 20
H. B. No. 488 *HR43/R25* ~ OFFICIAL ~
26/HR43/R25
PAGE 2 (BS\KP)
ST: Ad valorem taxes; revise certain provisions
regarding disposition of excess proceeds from
sale of land for.
SECTION 2. This act shall take effect and be in force from 21
and after July 1, 2026. 22