Temporary relief of a pending ad valorem tax increase in Mississippi is now available for the some of the state’s poultry farmers, with the potential for the increase to be eliminated all together in the upcoming legislative session.
Agriculture Commissioner Andy Gipson has pushed against the tax, which is assessed based on the value of real estate or property, stating that the increase would be “highly detrimental to our farmers” due to record inflation pressure. Gipson explained in a press release that Mississippi law provides for periodic updates of ad valorem land tax valuations. Due to the increase, poultry farmers updating tax values in 2024 can request a delay in the proposed increases for one year.
“It is confirmed that counties in the process of updating these tax values in 2024 now have the option to request a delay in the proposed increases an additional year, giving time for the Legislature to address this ad valorem tax issue in the 2025 Regular Session,” Commissioner Gipson said. “I encourage all affected poultry farmers to contact your local county Tax Assessor to make sure this information is passed along to the county supervisors in advance of the land roll deadline. We will be working closely with our Legislators to find a permanent resolution to help the farmers on this major issue during the 2025 Session.”
According to the Department of Revenue, counties have the flexibility to adjust property valuation as needed. Tax Assessors, with the Board of Supervisors, for each county are the final determiners of value on property within their county. Counties currently updating tax values may delay implementation for an additional year. County Board of Supervisors should contact the Department of Revenue to reschedule their implementation for the next calendar year.
